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business1h ago
Delaying EU’s new carbon price will cost Denmark’s budget €500 million
- EU delays ETS2 start to 2028 could cost European governments revenue, Denmark cited at €500 million.
- Stenberg says the one-year delay will deprive Denmark of that revenue during the year.
- EU ministers push to postpone ETS2 to secure a deal on the 2040 climate target.
- Stenberg framed ETS2 as the most cost-effective way to meet transport and building targets.
- Climate Action Network Europe criticized the delay and urged social protections for the green transition.
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