Due to low CO2 prices and generous free pollution permits under the current Emissions Trading System, European industry has lost a precious decade to decarbonise. It is time to end free lunches for polluters at the expense of taxpayers and the environment and put industry decarbonisation back on track. Alberto Vela and Samuel Gregory-Manning report. Last week, EPP MEP Peter Liese set out to his fellow parliamentarians a report of proposals to reform the European Union’s Emissions Trading System (ETS). … Continue reading A Decade Wasted For Industry Decarbonisation