News
The EU Emission Trading System (ETS) is central to the EU’s policy for addressing climate change by reducing greenhouse gas (GHG) emissions cost-effectively. This market-based approach applies the 'polluter pays principle,' encouraging industries to invest in emission reductions.
Since its inception, the ETS has achieved a significant 47% reduction in emissions, with recent reforms aiming for a 62% reduction by 2030. The new ETS II will expand its scope to include the transport sector and heating fuels, focusing on upstream emissions and emphasising auctioning over free allocations to ensure transparency and effectiveness.
Recognising the significance of the EU Emission Trading System is crucial for a sustainable future, and our expertise allows us to support organisations in navigating these important issues effectively.
Cronos ESG leverages the extensive expertise and skills of our competence centers.This article was created in partnership with GoSmartDigital.
Read the full article here
Read the full article here
