Carbon Brief·4 min read·hard
Q&A: What the EU’s carbon market review means for climate action
O
Orla Dwyer
✦AI Summary
The European Commission has proposed reforms to the EU Emissions Trading System (ETS) to slow emission cuts from 2031 while introducing new climate investment incentives. The proposal aims to balance business-friendly policies with long-term climate targets, though it faces criticism for potentially weakening the system.
The European Commission has put forward new plans to cut emissions under the EU carbon market more slowly, from 2031 onwards.
environmentclimatepolitics
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