European Council eyes stronger carbon market to win over EU leaders on 2030 climate target -draft text

Published 18:22 on December 2, 2020  /  Last updated at 19:33 on December 2, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The European Council has suggested strengthening the EU ETS as a way of convincing poorer member states to raise the bloc’s 2030 emissions reduction target to at least 55%, according to draft conclusions circulated ahead of a key summit next week.

The European Council has suggested strengthening the EU ETS as a way of convincing poorer member states to raise the bloc’s 2030 emissions reduction target to at least 55%, according to draft conclusions circulated ahead of a key summit next week.

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