News

ETS2: The New EU Carbon Market That Will Impact Homes and Transport from 2027

– 13 October 2025

Description

Starting in 2027, the European Union’s Emissions Trading System 2 (ETS2) will begin to affect households, drivers, and small businesses across Europe. This marks a major expansion of the EU’s carbon pricing framework, bringing road transport, buildings, and small-scale industrial activities under the same mechanism that has successfully reduced emissions in the power and heavy industry sectors since 2005 (EU ETS).

Launched as part of the EU’s Fit for 55 package, ETS2 aims to accelerate decarbonisation in sectors that together account for a significant share of Europe’s greenhouse gas emissions. By putting a price on carbon at every level, from fuel suppliers to consumers, the system will drive investment in energy efficiency, renewable heating, and low-carbon mobility.

Andrés Gangutia Fernández, Sr. Corporate Trader for the Spanish Market at Vertis Environmental Finance, recently discussed the implications of ETS2 with the Spanish newspaper El Español. He highlighted the scheme’s scale and its potential to reshape Europe’s energy landscape:
“By 2030, ETS2 is expected to become the largest carbon market in the EU, surpassing ETS1, with an estimated 1.1 billion tonnes of CO₂ under its scope by 2027,” said Gangutia Fernández

Latest news

Report

ReFuelEU Aviation Annual Technical Report 2025 (EASA)

October 31, 2025

EASA (European Union Aviation Safety Agency) has just published its first ReFuelEU Aviation Annual Technical Report, taking stock of how ready the aviation sector is f.....

Report

ESMA EU carbon markets report 2025

October 27, 2025

ESMA has published the second edition of its annual report on EU carbon markets, issued under its mandate to monitor the EU Emissions Trading System (ETS). Building on.....

Report

World Bank State and trends of carbon markets 2025

October 13, 2025

In 2024, carbon markets grew to cover over 24% of global emissions, with revenues exceeding $104 billion. Key trends include expanding carbon pricing to new sectors li.....

Switching to