Ensuring an Ambitious Implementation of ETS2

The document argues that the ETS2 is essential for Europe's climate objectives and competitiveness, warning that delays and revisions risk weakening the instrument's effectiveness. The signatories call for the operationalisation of ETS2 in 2028, the implementation of complementary social and fiscal policies, and transparency in the management of the resulting revenues to support vulnerable households and clean technology investments.

• The signatories argue that delaying the ETS2 by one year will result in a loss of €50 billion in auctioning revenues for Member States, and that reforms to the Market Stability Reserve (MSR2) would increase the carbon budget and discourage the modernisation of supply chains.
• The letter demands that ETS2 be operationalised in 2028 without further delays or an increased carbon budget to provide the predictability needed for investment in renewable and energy-efficient technologies.
• To mitigate the risk of high prices, the document recommends that Member States implement complementary policies before 2030, specifically targeting heat pump roll out, renovations, public transport, electric vehicles, and renewable energy communities.
• The signatories call for transparency and public participation in the investment of ETS2 revenues, which are expected to reach hundreds of billions of euros, to ensure they are used for zero-emission transportation, building energy performance, and renewables.

APA

Carbon Market Watch (n.d.). Ensuring an Ambitious Implementation of ETS2. https://carbonmarketwatch.org/wp-content/uploads/2026/03/Open-Letter-on-Defending-ETS2-2.pdf

Chicago

Carbon Market Watch. Ensuring an Ambitious Implementation of ETS2. n.d. https://carbonmarketwatch.org/wp-content/uploads/2026/03/Open-Letter-on-Defending-ETS2-2.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Ensuring an Ambitious Implementation of ETS2 |url=https://carbonmarketwatch.org/wp-content/uploads/2026/03/Open-Letter-on-Defending-ETS2-2.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatchndensuring, author = {{Carbon Market Watch}}, title = {{Ensuring an Ambitious Implementation of ETS2}}, publisher = {Carbon Market Watch}, url = {https://carbonmarketwatch.org/wp-content/uploads/2026/03/Open-Letter-on-Defending-ETS2-2.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }