Brussels draft seeks 2035 phaseout of EU ETS free allocation, FAZ reports

Published 17:43 on July 6, 2021  /  Last updated at 18:32 on July 6, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The European Commission may propose phasing out carbon allowance free allocation from 2025 through 2035, German newspaper Frankfurter Allgemeine Zeitung (FAZ) reported on Tuesday, citing a leaked draft document.

The European Commission may propose phasing out carbon allowance free allocation from 2025 through 2035, German newspaper Frankfurter Allgemeine Zeitung (FAZ) reported on Tuesday, citing a leaked draft document.

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