Post by Fortum

Following the adoption of the 2040 climate target, Europe is entering a new phase in climate policy – and the revision of the EU Emissions Trading System (EU ETS) will be a key element in this. At Fortum, we continue to see the EU ETS as the cornerstone of cost-effective decarbonisation. A strong, predictable carbon market is essential to drive investments, support industrial transformation, and strengthen Europe’s competitiveness. In our latest position, we outline how the upcoming ETS revision can deliver on Europe’s 2040 and 2050 climate ambitions while maintaining a robust investment environment: ✔️Keep the EU ETS as the primary, technology-neutral tool for emissions reduction ✔️Ensure long-term predictability and market stability to enable clean investments ✔️Use ETS revenues strategically to accelerate industrial decarbonisation ✔️Strengthen policy coherence with energy, climate and industrial frameworks ✔️Support competitiveness through well-targeted transitional measures and global carbon market cooperation. A well-functioning ETS remains critical for delivering Europe’s energy transition—efficiently and at scale. 👉 Read more about Fortum’s views on the revision of the EU ETS Directive: https://lnkd.in/eVwHKX7u #EUETS #Decarbonisation #Competitiveness