This paper is a response from Transport & Environment to the ‘Consultation on structural options to strengthen the EU Emissions Trading System’ (ETS) by the European Commission. The response focuses on the fourth (‘d’) of six options proposed – extension of the scope of the ETS to other sectors - with a special focus on extending the scope of the ETS to road transport. T&E strongly opposes this idea, as it will not deliver economic benefits and will seriously jeopardise emissions reductions in transport.
But going back on the 2035 zero-emissions target and deploying no industrial strategy could instead see loss of 1 million auto jobs.
A new study models the impact of EU electric vehicle leadership and ambitious policies on investment and jobs.
In many markets European carmakers are falling behind Chinese EV manufacturers as they have little to offer to aspiring drivers in the Global South ri...