Europe’s new emission pricing system for road transport, buildings, and small industries is just around the corner, companies and regulators need to move fast to be prepared. Whether a company is included depends on the type of fuel it sells and whether the client’s usage falls within one of the targeted sectors. Downstream purchasers must self-report on usage, and based on that the fuel supplier must assess whether the volumes need to be reported under ETS2. For some small-scale industrial plants, direct inclusion in ETS1 might be an alternative to passthrough cost of ETS2-exposed fuels.
European fuel providers and member state regulators are in a hurry to prepare for the ETS 2, Europe’s new climate policy instrument that will cover emissions from road transport, heating of buildings, and small-scale industries. The European Commission h…
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