EU has the right to pass on new carbon price to oil majors -report

Published 20:11 on February 10, 2022  /  Last updated at 20:11 on February 10, 2022  /  EMEA, EU ETS  /  No Comments

The EU has the legal means to ensure oil majors bear the brunt of costs from a new ETS for buildings and road transport, according to an NGO-commissioned report published on Thursday that seeks to avoid unfairly hitting poorer households. 

The EU has the legal means to ensure oil majors bear the brunt of costs from a new ETS for buildings and road transport, according to an NGO-commissioned report published on Thursday that seeks to avoid unfairly hitting poorer households.

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