In a paper published on Wednesday, Eurima, the European Insulation Manufacturers Association, called for dedicated investments to renovate up to 97% of the European building stock by mid-century.
The building sector is already covered by a cap on how much greenhouse gases can be emitted as part of the Effort Sharing Regulation. Extending the EU ETS to buildings would mean that governments are no longer accountable for introducing measures to decarbonise the building stock under the effort sharing legislation, Eurima says, putting the responsibility of climate action instead on heating fuel suppliers.
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