Regulate CO2 for Me and You Too

Schemes such as ETS2 are an excellent way to mitigate CO2 emissions by implementing caps on polluting industries without damaging trade. ETS2 would adapt the current European market to the climate crisis. Unfortunately, the volatility of carbon prices makes it harder for countries that are heavily depended on carbon to trust those schemes. We suggest changing the current cap on trade to a percentage system, to regulate proportionally and based on specific criteria.