Europe's next carbon costs: strengthen the climate market, or shield households from the bill?
The EU's plan to extend carbon pricing to road transport and heating fuels from 2028 (the 'ETS2') is set to push energy prices higher — and Brussels is moving to shield households from the spike. Investors managing trillions urge Europe to evolve and strengthen the carbon market rather than dilute it; others stress the cost-of-living hit on ordinary Europeans.