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Impact of the new EU emissions trading system on households.

Number: ID2681_rocarju

Author(s) : ROCA REINA J. C., VOLT J., TOLEIKYTE A., CARLSSON J.

Summary

 The heating of buildings is responsible for 40% of the European Union’s final energy 
consumption and 36% of its total greenhouse gas emissions. Improving the energy efficiency of buildings and phasing out the use of fossil fuels for heating are, therefore, central pillars for achieving the climate goals of the European Green Deal. As part of the strategy to achieve these targets, a new emissions trading system (ETS 2) has been established, which will cover the CO2 emissions stemming from fuel combustion in the building and transport sectors from 2027. This study analyses the impact of ETS 2 on households, including its influence on the cost-effectiveness of different renovation measures and clean heating solutions. The result provides new insights into how this new emissions trading system will influence the final consumer and investments in clean energy technologies over the next decade.

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Pages: 6 p.

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Details

  • Original title: Impact of the new EU emissions trading system on households.
  • Record ID : 30033465
  • Languages: English
  • Subject: Regulation
  • Source: 12th CYTEF Congress - Ibero-American Congress of Refrigeration Science and Technology.
  • Publication date: 2024/06/26
  • DOI: http://dx.doi.org/10.21134/0mc5pw96

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