The struggle to put a price on climate change
Fossil fuel intensive industries will soon have to pay for their greenhouse emissions, according to the new Europe-wide carbon emissions trading scheme (ETS2). However, the design of ETS2 puts most of the financial burden on the shoulders of individual consumers.
In this episode of Today in the EU, Economy and Transport reporter Jonathan Packroff analyses this latest addition to the EU carbon market and what it means for the future of the union’s citizens.
