Europe’s Carbon Market Must Look Ahead
Project Syndicate reports that Europe’s carbon market is in need of strategic renovation.
Since its creation, Europe’s carbon market has delivered significant emissions cuts, directed substantial resources toward clean-energy technologies, and become a model for other systems worldwide. But rising energy prices are fueling political pressure to relax carbon pricing, which would be a grave mistake.The European Union’s carbon-pricing policy has long been the subject of fierce debate. To some, it is a... ...
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