EMEA > Carbon pricing risks tilting corporate focus towards short-lived, less effective climate solutions -ECB

Carbon pricing risks tilting corporate focus towards short-lived, less effective climate solutions -ECB

Published 15:48 on July 17, 2023  /  Last updated at 15:48 on July 17, 2023  /  EMEA, EU ETS, International, Voluntary

Regulations compelling firms to reconsider their carbon management policies, including greenhouse gas pricing mechanisms, could lead to a reduction in net emissions, though they may also discourage green innovation and promote only short-term or less effective abatement strategies, according to research by the European Central Bank (ECB).
Regulations compelling firms to reconsider their carbon management policies, including greenhouse gas pricing mechanisms, could lead to a reduction in net emissions, though they may also discourage green innovation and promote only short-term or less effective abatement strategies, according to research by the European Central Bank (ECB).


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