ETS plays minor role in firms’ climate action

The EU emissions trading system, Europe’s flagship climate policy, has largely failed to act as a key driver for low-carbon investment in the installations it regulates, an EU report has found

The EU emissions trading system, Europe’s flagship climate policy, has largely failed to act as a key driver for low-carbon investment in the installations it regulates, an EU report has found.

Low-carbon action by ETS-regulated firms has mostly been driven by a desire to cut energy and raw material costs, with the ETS playing at most a secondary role, consultants told the European Commission.

A Commission spokeswoman said the aim of the study was to increase the Commission's understanding of the drivers for low-carbon investments, and of the impact of the ETS in this process.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.