Entries by embapoweradmin

European Central Bank: Higher EU-ETS Prices Reduce Employment

A recent working paper by the European Central Bank examining the employment effects of carbon pricing under the European Union’s Emissions Trading System found that higher carbon prices have a persistent negative effect on overall employment.

Energy Giant Warns Cheaper ETS Could Cost the EU Dearly

As the European Union prepares for the next phase of reform to its Emissions Trading System (EU ETS), the mechanism is facing growing political and economic pressure due to rising compliance costs and concerns over industrial competitiveness.