Nordic countries form front against further weakening of ETS2
ETS2 is set to impose a carbon tax on heating and vehicle emissions from 2028.
Sweden, Finland, Luxembourg and Denmark are reportedly forming a front opposing calls to further delay or weaken new stages in the EU’s carbon tax scheme.
In a joint position paper circulated among member states and seen by Reuters this week, the Nordic countries argue that postponing the next wave of the EU’s emissions trading scheme (ETS2) – which is set to impose a carbon tax on heating and vehicle emissions – would “substantially undermine the effectiveness of EU climate policy”.