Publication:Report
To meet its increasingly stringent emissions reduction targets, the European Union plans to extend the use of emissions trading, to also cover emissions from road transport and buildings. To understand the effects of this move, DG CLIMA commissioned a comprehensive analysis to investigate the economic, social, environmental, and regulatory / administrative implications. Together with partners ICF, eclareon, Enerdata, Fraunhofer Institut, Cambridge Econometrics, CITEPA, and Milieu, the Ecologic Institute investigated the general options for either the extension of the existing EU ETS or the introduction of a stand-alone scheme.