
The war in Ukraine and the resulting sharp rise in energy prices are making it harder and harder to enforce the CO2 price for buildings and road transport. While ETS 2 offers emissions savings potential, it is likely to lead to further price increases. But alternatives are lacking.
By Lukas Knigge
While the EU Parliament is still struggling to find a majority position on the Carbon Border Adjustment Mechanism (CBAM), the EU finance ministers agreed on a general approach on Tuesday. However, some elementary questions remain unresolved.
By Lukas Knigge
The price per ton of CO2 in the Emissions Trading System (ETS) has fallen by around 30 percent since the start of the war in Ukraine. However, the war seems to be only the trigger for the price crash. The longer-term causes lie elsewhere.
By Lukas Knigge