What does the future hold for the EU ETS? – BNP Paribas Asset Management

Political debate continues on EU emissions trading reforms to help meet the bloc’s emissions reduction targets. Thibaud Clisson, Climate Change Lead at BNP Paribas Asset Management, summarises the recent developments and looks to the future.

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... The future of the European Union’s Emissions Trading System (ETS) – the bloc’s flagship emissions-reduction mechanism that governs roughly 40% of the EU’s emissions – has been the topic of talks that seek to balance the ambitions of its ‘Fit for 55’ climate package with the urgent need for greater energy security after Russia’s invasion of Ukraine and related sanctions on Russian oil and gas.

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