EU ETS ‘failing to cut’ industrial CO2 emissions

Despite recent reforms, the EU emissions trading system (ETS) is proving incapable of driving reductions in greenhouse gas emissions from European heavy industry, according to a report published on Tuesday by the carbon market thinktank Sandbag.

Fiddlers Ferry power station
The emissions trading scheme is disfunctional, says Sandbag

Despite recent reforms, the EU emissions trading scheme (ETS) is proving incapable of driving reductions in greenhouse gas emissions from European heavy industry, according to a report published on Tuesday by the carbon market thinktank Sandbag.

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