Carbon trading for farmers is back on the table

anpromis 1140x570Fonte: POLITICO

How to curb farming emissions is becoming an acute question in EU green policy, with the sector lagging behind other areas of the economy in reducing its climate impact.

With climate provisions under the Common Agricultural Policy (CAP) failing to make much of a dent, policymakers are looking afresh at a promising but complicated idea: introducing an emissions trading system (ETS) specifically for farming.

An ETS is a cap-and-trade system whereby economic actors are given an allowance of carbon credits that they can buy and sell among each other. The EU's original ETS, introduced in 2005, has helped bring down emissions from power generation, manufacturing and intra-European flights. This year, policymakers approved a second ETS to cover buildings, road transport and other sectors, that will take effect in 2027.

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