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Europe.Table News Emissions trading

ETS2: Postponement leads to higher emissions

The postponement of the ETS2 emissions trading scheme to 2028 and a reform of the market stability reserve could initially drive up CO₂ prices, but cause them to fall in the long term. Analysts warn that this will weaken the incentives for clean technologies.

Lukas Knigge
09. December 2025
Eine Wärmepumpe steht an einer Hauswand
The incentive to install a heat pump could be weakened by the revision of ETS2. (IMAGO / Christian Ohde)

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Last updated: 09. December 2025

ETS 2 Emissions trading CO₂ price