In a bold move to enhance the effectiveness of the European Union’s Emissions Trading System (ETS) and accelerate climate action, France has proposed the establishment of a CO2 ”price corridor.” This initiative aims to create a more predictable and stable market for carbon credits, addressing concerns over price volatility that has previously hampered investment in green technologies. As Europe grapples with the urgent need to reduce greenhouse gas emissions and meet aspiring climate targets, the French proposal seeks to introduce a framework that balances environmental integrity with economic feasibility. This article delves into the details of France’s pitch, exploring its potential implications for the ETS and the wider European climate policy landscape.
France’s Bold Proposal for a CO2 Price Corridor in Emissions Trading
In a groundbreaking move to combat climate change, France has…
Source link : https://capital-cities.info/2025/03/30/europe/france/france-pitches-co2-price-corridor-for-emissions-trading-system-euractiv/
Author : Ava Thompson
Publish date : 2025-03-30 00:39:00
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