Poland Favors Delay of New Carbon Market for Transport and Heating
- EU new cap-and-trade emissions system due to start in 2027
- Bolesta says vulnerable consumers need better protections
To reach its 2030 goal of cutting greenhouse gases, Europe must implement a package of green reforms spanning the entire economy.
Photographer: Bartek Sadowski/BloombergThis article is for subscribers only.
The European Union should consider postponing its new carbon market for transport and heating fuels to give consumers more opportunity to invest in clean energy sources, according to Poland’s deputy climate minister, Krzysztof Bolesta.
The Emissions Trading System 2 is due to start in 2027 as part of the EU’s massive effort to reach climate neutrality by mid-century. The cap-and-trade program will come with a dedicated fund to shield the most vulnerable — estimated to be at least 87 billion euros from 2026 to 2032.