EMEA > Compliance Markets & Taxes > EU climate chief faces MEPs ‘ping-pong’ over ETS’ role in 2040 climate target

EU climate chief faces MEPs ‘ping-pong’ over ETS’ role in 2040 climate target

Published 18:33 on May 4, 2026 / Last updated at 18:33 on May 4, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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EU Climate Commissioner Wopke Hoekstra told lawmakers on the European Parliament's environment committee that the bloc's flagship carbon market must become a more "conditional" and investment-driving tool, as MEPs pressed him on how an upcoming review of the EU's Emissions Trading System (ETS) will align with the bloc's new 2040 climate goal.
EU Climate Commissioner Wopke Hoekstra told lawmakers on the European Parliament's environment committee that the bloc's flagship carbon market must become a more "conditional" and investment-driving tool, as MEPs pressed him on how an upcoming review of the EU's Emissions Trading System (ETS) will align with the bloc's new 2040 climate goal.


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