The EU has established a second emissions trading system (ETS) to put a carbon price on buildings and road transport, the “EU ETS2”. The ETS2 starts in 2027, but monitoring and reporting of ETS2 emissions will begin in 2025.
Author: European Council for an Energy Efficient Economy (Source: http://www.eceee.org/all-news/news/news-2024/eu-ets2-for-buildings-road-transport-in-2027-why-we-need-auctions-to-start-early/)