Q&A: An EU carbon tax, more effective than the ETS?

With carbon allowances in the EU touching new lows this week, the merits of a market-based carbon reduction scheme are under the microscope.

Carbon allowances on Europe's Emissions Trading Scheme (ETS) hit new lows this week, reinforcing doubts about the system's usefulness as a driver of investment in low-carbon sources of energy.

Some commentators have said a tax could be more effective, but a major downside of that for the European Union is that the bloc would almost certainly fail to agree on it.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles