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 new plans to reform the EU's Emissions Trading System (ETS), including extending free allowances for companies and a slower path to reach zero emissions from 2031. While presented as a business-friendly approach, critics argue it could weaken climate targets.
Share The European Commission has put forward new plans to cut emissions under the EU carbon market more slowly, from 2031 onwards.
environmentpoliticseconomy
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