European Commission proposes LRF adjustment, considers rebasing EU ETS cap under 2030 climate plan

Published 11:43 on September 17, 2020  /  Last updated at 12:54 on September 1, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS, Shipping  /  No Comments

The European Commission is considering a one-off emissions cap reduction and a tighter annual linear reduction factor in the EU ETS from 2026 as part of plans to raise the bloc’s 2030 emissions reduction target to “at least 55%”, it said in documents released on Thursday.

The European Commission is considering a one-off emissions cap reduction and a tighter annual linear reduction factor in the EU ETS from 2026 as part of plans to raise the bloc’s 2030 emissions reduction target to “at least 55%”, it said in documents released on Thursday.

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