Today we are voting on potentially the biggest emission killer in the EU toolbox - the Emissions Trading System.
Currently taxpayers pay for many of the impacts of emissions - climate change, pollution, healthcare, cost of living.
Polluters must pay and innovators rewarded.
🐦🔗: https://n.respublicae.eu/GraceOSllvn/status/1648260064912736256
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For the first time ever we have managed to include maritime pollution, incineration, buildings and road transport in the Emissions Trading System.
🐦🔗: https://n.respublicae.eu/GraceOSllvn/status/1648260069367111681
Funds raised from this legislation must then be used for investment in decarbonising industry, modernising technologies and climate action.
We are also establishing a new Social Climate Fund of €86.7bn for supporting a just transition (Ireland is actually already doing this!)
🐦🔗: https://n.respublicae.eu/GraceOSllvn/status/1648260073334927361