2040 seems like a way too broad time horizon, but as companies start to think about their long-term investment strategies is worth to start thinking: how will the EU ETS look like 17 years from now?
In the absence of reforms, the actual system would force the decarbonization of EU ETS covered industries by as soon as 2039-2040. Is this a likely scenario? It doesn’t seem feasible for industries like aviation or cement production.
With the help of Julia Michalak, EU policy Director at IETA we will try to disentangle the potential changes that could be implemented in the system in order to meet the decarbonization goals while maintaining competitiveness in the EU industry.
Disclaimer: https://legal.vertis.com/api/document/282/get_document/