Traders of Environmental Progress
STX Group is a global environmental commodities trader offering physical and financial solutions across compliance and voluntary systems for energy, fuels, gas and carbon markets.
Traders of Environmental Progress
STX Group is a global environmental commodities trader offering physical and financial solutions across compliance and voluntary systems for energy, fuels, gas and carbon markets.
Transforming Climate Challenges into Business Progress
STRIVE is the advisory arm of STX Group, helping companies meet climate targets through high-impact strategies and cost-efficient decarbonization pathways.
News
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).
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
“Today’s proposal on the ETS review brings together three key goals: sustained truly ambitious climate action, much more competitiveness, and a huge boost for our .....
