The 1990s saw the first attempt of the EU to introduce a carbon tax. Strong industrial lobbying led to its failure. In 2005, EU succeeded to negotiate and introduce an alternative to a carbon tax known under the European Union Emissions Trading Systems or EU ETS. EU ETS follows the ‘cap and trade’ principle. It...
Ursula Von der Leyen, the new EU Commissioner, revealed a new set of policy initiatives brought forward by the new European Commission as ‘Europe’s man on the moon moment’. The commission has been in office since November 2019 in order to tackle climate change. The flagship initiative is a climate law which will commit EU...
