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EU's ETS2 Could Spike Carbon Costs by 41% by 2030

3/7/2025

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Summary

Story summary

Starting in 2027, the EU's emissions trading system, ETS2, is set to reshape the landscape of carbon pricing, potentially soaring to €149 per metric ton by 2030. This surge could hike transportation costs by 22-27% and heating expenses by 31-41%, all in a bold effort to cut emissions and boost revenue for a greener future.

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Story summary

Starting in 2027, the EU's emissions trading system, ETS2, is set to reshape the landscape of carbon pricing, potentially soaring to €149 per metric ton by 2030. This surge could hike transportation costs by 22-27% and heating expenses by 31-41%, all in a bold effort to cut emissions and boost revenue for a greener future.