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Question 39: Which of the following can most likely be inferred from the passage? A. The inclusion of shipping and aviation in the ETS was a...

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Question 39: Which of the following can most likely be inferred from the passage?

A. The inclusion of shipping and aviation in the ETS was a simple process that required no negotiation or special policy rules.

B. The long – term effectiveness of the ETS depends on its ability to evolve through regular updates and stricter enforcement rules.

C. Carbon prices will continue to reach historic lows as long as renewables remain the most expensive part of the energy mix.

D. Most firms in the EU prioritise their reputation risk over cost pressure when making decisions about lower – carbon infrastructure.

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