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From
euagenda
The EU Emissions Trading System (EU ETS) is often referred to as a cornerstone of EU climate policy. It aims to reduce emissions by pricing greenhouse gas (GHG) pollution from the power, industry and aviation sectors. It not only seeks to promote investments in emission reductions by making energy-intensive business as usual expensive, but it also offers a great opportunity for the EU to shift funding from polluting activities to climate action, innovation and energy sector modernisation.
