The EU climate policy the world copied is under fire — what's at stake?

🇩🇪 Deutsche Welle (DE) —

AI Summary

The European Union's emissions trading system, a global model for pricing carbon and reducing CO2 emissions, faces criticism from industry groups pushing back against stricter climate regulations. The effectiveness and shortcomings of the scheme are under debate internationally.

The emissions trading system became a global blueprint for pricing carbon and cutting CO2. Now industry groups are pushing back against tougher climate rules. How effective is the scheme and where does it fall short?

World Politics Markets Commodities Energy EU climate policy emissions trading system carbon pricing CO2 reduction climate regulation industrial pushback

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