The EU ETS remains the most cost-effective tool to achieve the 2040 emissions reduction target

Europex takes note of the Commission’s proposal to set a single, binding climate target of reducing greenhouse gas emissions by 90% by 2040 compared to 1990 level, supported by a comprehensive enabling framework. This long-term commitment confirms the EU’s continued trajectory towards climate neutrality by 2050 and provides important investment clarity for the pathway to 2040.

Please find attached our press release