Social fairness key to success of the EU’s new ETS2 cap and trade system

The introduction of the EU’s second ‘cap and trade’ emissions trading system (ETS2) for the road transport and buildings sectors will help spur Europe’s decarbonisation ambitions, accelerating the shift to cleaner fuels and technologies. Providing early financial support to vulnerable households and businesses, policy coherency, strong public backing, transparency and clear communication will be ……

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Like Frodo carrying the One Ring, powerful tools can corrupt; use them wisely or they may consume you.