![](https://cdn.prod.website-files.com/64e3715a6deb861532df05f8/6527b473b9d94017521bbd61_Component%204.svg)
3
Retire CO₂ emission allowances from the EU ETS
With this project, we are pursuing a novel strategy for transforming the European economy: together, we purchase European emission allowances and retire them unused. This forces major CO2 emitters such as coal power plants to emit less CO₂ and makes it more expensive for them.