EU carbon market reform

The emissions trading scheme (EU ETS) puts a price on each tonne of CO2 emitted by around 10,000 installations in the power sector, the manufacturing industry, as well as intra-EU flights. [Victor Lauer / Shutterstock]

The EU’s Emissions Trading Scheme (EU ETS) is often presented as the crown jewel of EU climate policy, putting a price on carbon emissions from the power sector and industry. With a major reform process now underway, EURACTIV looks at the implications from a social and economic point of view.

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