Category: Italy News Brief and Action Alert

A Mismatch Between Italy’s Carbon Pricing Regulations and the EU’s Emissions Trading System
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A Mismatch Between Italy’s Carbon Pricing Regulations and the EU’s Emissions Trading System

In the European Union (EU), the Emission Trading System (ETS) sets out the policy architecture to introduce carbon pricing. ETS was introduced in 2003 with Directive 2003/87/EC, which was significantly reformed in 2008 when long-term climate targets for the first half of the century were presented in 2011. After the Paris agreement, the Directive was...

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