France clarifies stance on EU ETS, calls for softer yearly emission cap to 2040

Published 11:53 on March 18, 2026 / Last updated at 11:53 on March 18, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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France has moved to clarify its position on reforming the EU Emissions Trading System (ETS), arguing that the bloc’s annual emissions cap should be softened “so it does not reach zero in 2039”, but leaves around 200-300 million allowances in the system by then.
France has moved to clarify its position on reforming the EU Emissions Trading System (ETS), arguing that the bloc’s annual emissions cap should be softened “so it does not reach zero in 2039”, but leaves around 200-300 million allowances in the system by then.


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