We speak with Eleanor Scott, EU carbon markets expert at Carbon Market Watch, about the new Emissions Trading System for buildings and road transport (ETS2) and the Social Climate Fund. As carbon pricing expands, so do concerns about affordability and fairness. Eleanor explains how these tools work, why they matter, and what’s needed to ensure a just green transition, especially for low-income households.

Episode Chapters:

0:00 - 2:34 Introduction to Carbon Markets and ETS2

2:34 - 5:29 Understanding the Social Climate Fund

5:29 - 10:12 Challenges of ETS2 and Social Equity

10:12 - 12:30 Affordable Energy Action Plan and Its Implications

12:30 - 16:34 Implementation Strategies for Member States