Charging a price for pollution

https://www.politico.eu/article/fit-for-55-eu-5-things-to-know/

The main vehicle for putting a price on pollution is the Emissions Trading System (ETS), which sets prices for emissions permits needed by over 11,000 power plants and industrial installations, as well as airlines, covering around 40 percent of the bloc’s greenhouse gases. After years of very low prices, a mix of reforms and the pressure of tougher climate legislation has driven prices to more than €50 per ton of emitted carbon.