Knowledge Hub

EU Emissions Trading System grants ‘free passes’ to biggest polluters

Emissions from chimneys at a factory in France
The power sector is responsible for the majority of emissions in the EU, according to Carbon Market Watch (Photo: Yves Herman/Reuters)

Europe’s largest polluting companies form an ‘emissions aristocracy’ and are given ‘free passes’ to pollute, says non-profit Carbon Market Watch

The EU Emissions Trading System is discouraging decarbonisation efforts from high-emitting sectors and “enabling emitting industries to sidestep the expected emissions reduction measures” by granting Europe’s ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Planting trees_forestry
Knowledge Hub, Policy & Regulation, UK
February 23, 2024

Including Woodland Carbon Code in UK ETS could boost prices and accelerate afforestation

A paper co-authored by academics at King’s College London and asset manager Foresight Group argues the case for expanding the UK’s Emissions Trading System to include afforestation 
Read more