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Could it be that the EU Emissions Trading System (ETS) is in fact incentivising the polluters? (Photo: Otodo)

EU must scrap carbon compensation scheme

At one point, one of the characters in the Star Wars saga says: “What if the Republic has become the very evil we have been fighting to destroy?”

We in the EU are now asking ourselves: Could it be that the EU Emissions Trading System (ETS), a mechanism created for the purpose of reducing greenhouse gas emissions, is in fact incentivising the polluters? As the ETS is currently under revision, the question is highly relevant and the window is wide open for repairing the system's flaws.

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The views expressed in this opinion piece are the author’s, not those of EUobserver
Could it be that the EU Emissions Trading System (ETS) is in fact incentivising the polluters? (Photo: Otodo)

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