The European Union is preparing to launch ETS2 in 2028, extending carbon pricing to buildings and road transport. The International Emissions Trading Association (IETA) is urging policymakers to ensure regulatory clarity and coordinated implementation across Member States to avoid market volatility. Key recommendations include starting auctions in January 2027 to create liquidity and reduce price uncertainty. IETA also emphasizes the need for harmonized national laws and the timely submission of Social Climate Plans to protect vulnerable households from rising costs.
