Europe will apply its emissions trading scheme to construction and transport, European Commission President Ursula von der Leyen said at the World Leaders Summit on Thursday April 22, paving the way for the EU's planned overhaul of its carbon market.
The EU carbon market is the backbone of the plan to reduce greenhouse gas emissions. This scheme forces power plants and industry to buy CO2 permits, effectively setting a price for the pollution. Companies can buy and sell these CO2 permits on the carbon market known in the EU as the Emissions Trading Scheme (ETS).
Von der Leyen said the EU will expand the ETS to new sectors as part of a policy package slated for June to make every economic sector greener.
“We will make emissions trading work not only in energy and industry, but also in transportation and construction,” said von der Leyen at a virtual summit on climate change hosted by the US government.
"Carbon must have a price, because nature can no longer pay that price."
The EU's inclusion of road transport and construction projects in the emissions caps and trading scheme has been discussed since the new commission took office in December 2019.
Note how this shits want to get goods and money for nothing. How they want to steal from few real manufacturing firms that are left.
Dr. Goebbels is really nice guy compared to this utter criminals.
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