Removing favouritism and discrimination from the EU's carbon market

The EU is currently finalizing the implementation of its 2030 climate framework. This work includes a revision of the EU’s Emissions Trading System (EU ETS), the EU’s flagship climate instrument. The European Parliament (EP) and the Council adopted their positions on the EU ETS revision earlier this year and are currently holding talks to reach an agreement on how to design the system for the 2021-2030 period. A key issue yet to be resolved is the amount of free allowances the different industrial sectors will receive in the next trading period

Source: carbonmarketwatch.org