EU: "Differences in policy approaches can pose obstacles to linking different ETSs" (Life Coase)

"Differences in cap-setting approaches can pose obstacles to linking ETSs. The EU ETS (Emissions Trading System) can only be linked to absolute cap systems (ie, the UK and Brasil, for now)", observes Life Coase, the collaborative observatory for the assessment of EU ETS, in their July 2025 report.

They identify various issues stopping a unified...