EU softens carbon market to reduce pressure on industry

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The European Commission has proposed changes to the EU's emissions trading system to allow industries to emit carbon dioxide longer, extending emissions allowances into the 2040s.
The new proposal includes provisions for providing financial support for companies to invest in clean technologies.
The adjustments aim to ease pressure on sectors such as steel, chemicals, and power generation by slowing down the pace of required emissions reductions.
Under the changes, EU businesses will have additional time to meet their carbon reduction targets.
This initiative has sparked discussion regarding its potential impact on the EU's climate goals and industrial competitiveness.

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Politico EuropeFirst

ekathimerini.com+1h

BBC News+8h

France 24+1d

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