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Climate protection: This is what the compromise on reforming emissions trading could look like

Industry is up in arms against the EU Commission's plan to link the allocation of free CO₂ certificates to an investment obligation. A compromise is now emerging.

Translated from German Read in German

Climate protection: This is what the compromise on reforming emissions trading could look like

The EU Commission wants to link free CO2 certificates in the European Emissions Trading System (ETS) to an investment obligation. The plan is being revised, with MEP Peter Liese suggesting that only a portion of the certificates be subject to this obligation. The Commission's proposal, announced on July 17, aims to revise the ETS to ease pressure on industries, such as the chemical industry, that claim their competitiveness is at risk.

Liese proposes that only additional certificates issued from 2031 be subject to the investment obligation.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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