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.
Europe must stand firm over its future targets for carmakers as it cannot afford to fall further behind China.
The decision to create a Europe-wide carbon price was right but creates significant political risk. The good news is it can still be fixed.
It's about time the EU requires parts of key products to be made locally – and nowhere is this more urgent than in the battery sector.