Story perspectives
EU Revives Carbon Credits to Boost Emission Reductions
11/20/2025
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Story summary
- The European Union reintroduces carbon credits through its Emissions Trading Scheme to help industries offset emissions.
- Sebastien Cross of BeZero Carbon says carbon markets are maturing.
- He notes a Conference of the Parties 30 (COP30) pledge for carbon pricing endorsed by several countries.
- He emphasized the need for higher carbon prices to incentivize domestic decarbonization.
- Cross notes challenges in assessing credit effectiveness and outlines new tools to improve transparency.
