The European Emissions Trading System is a cornerstone of the EU climate policy and its development is set until 2030. However, it is unclear what will happen afterwards. A new Policy Brief compares three different scenarios: Rapid Decarbonization, 2050 Climate Neutral and a Break scenario.
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In June, the people of the EU will elect a new European Parliament. The election will have an important impact on the new composition of the European Commission, which will play a key role in shaping the future of European policy.
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Russia’s invasion of Ukraine was a wake-up call for Europe regarding its levels of dependence on the energy and metals fronts, and the associated threats this posed to its competitiveness. Meanwhile, the need to decarbonize the economy has become ever more pressing.
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