European Commission proposes watering down EU carbon market rules

The European Commission has proposed an overhaul of the EU Emissions Trading System (ETS) that would give companies a less demanding and cheaper pathway to cut greenhouse gas emissions. Critics say the move risks undermining the bloc's most effective climate tool, particularly as Europe experiences extreme heatwaves. The proposal is driven by a desire to boost EU competitiveness, but environmentalists warn it sends the wrong signal on climate action.

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📈 Business EU revises carbon trading rules but industry says changes don't go far enough Rzeczpospolita · 3d ago 🌍 World EU proposes relaxing carbon emissions cuts for businesses under ETS BBC World · 6d ago 🌍 World EU weakens carbon market: industry gets more free permits and longer to pollute Politico Europe · 7d ago