The Commission’s ETS plan for 2040 takes form

The core mission of the ETS will switch from emission cutter to investment engine. More EUAs post-2040. Still no clear understanding of how to calculate the 5% credit share in the 2040 target, but no credits in ETS. Full overhaul of MSR. International aviation to be added to the ETS1 scope. These were the key messages conveyed by the European Commission yesterday, during an ETS stakeholder event.