ETS, so Emissions Trading System, is essentially Europe's carbon market.
It works on a simple "polluter pays" principle. Heavy industries, power plants, and airlines must buy allowances to cover the carbon they emit into the atmosphere.
ETS, so Emissions Trading System, is essentially Europe's carbon market.
It works on a simple "polluter pays" principle. Heavy industries, power plants, and airlines must buy allowances to cover the carbon they emit into the atmosphere.