IEA urges EU to strengthen carbon pricing, reconsider carbon leakage risk

Published 22:51 on June 25, 2020  /  Last updated at 00:10 on September 16, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The International Energy Agency (IEA) on Thursday called for the EU to strengthen its ETS and non-ETS carbon pricing to help meet its decarbonisation goals, playing down the carbon leakage risk that to date has resulted in heavy industries getting the vast majority of their EUAs for free.

The International Energy Agency (IEA) on Thursday called for the EU to strengthen its ETS and non-ETS carbon pricing to help meet its decarbonisation goals, playing down the carbon leakage risk that to date has resulted in heavy industries getting the vast majority of their EUAs for free.

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