Posted on June, 23 2014

 For well over a decade industry lobbyists have sought to undermine the EU Emissions Trading System (EU ETS).

Despite the evidence proving them wrong, they repeatedly claim that cutting pollution by putting a price on greenhouse gas (GHG) emissions will make them less competitive. Their efforts are as counterproductive as they are ill-informed.

A change of their strategy is needed or they will only lose out when Europe unavoidably progresses towards its comparative advantage in high tech, innovative, low-carbon technologies.