Re:Extreme questions to trigger new, better ideas
by cube2222 on Monday January 09, 2023 @09:24AM
(#34310629)
Raised prices are an expected result of these changes. You're paying for the emissions and it becomes part of the cost of production, so in effect raises the price.
That's a good thing and helps "green" products compete.
In another hand, it's a market, as stated in their website, "It is the world's first major carbon market and remains the biggest one."[0], so for sure it will be a huge source of income and therefore the countries will have much more incentive to do it. I saw already the same in another countries and the results weren't so spectacular, but instead the whole supply chain just got more expensive, which meant the prices raised to the customers.
[0]: https://climate.ec.europa.eu/eu-action/eu-emissions-trading-...