UPDATE – EU lawmakers strike provisional deal on ETS reform ahead of repeat vote

Published 10:11 on June 15, 2022  /  Last updated at 20:34 on June 15, 2022  /  CBAM, EMEA, EU ETS  /  No Comments

Senior MEPs from the centre-right EPP, centre-left S&D and liberals from Renew – the three largest political groups – have sealed a provisional deal on the EU ETS reform late Tuesday that would see an earlier phaseout of free allowances and a slightly tighter annual cap cut than at last week's failed vote.

(Updates with comments, details, analysis, and details on progress by the Council of member states)

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.