EMEA > Compliance Markets & Taxes > Brussels sticks to ‘fallback’ EU ETS benchmark cuts, but promises new sub-categories to help industry

Brussels sticks to ‘fallback’ EU ETS benchmark cuts, but promises new sub-categories to help industry

Published 12:48 on May 11, 2026 / Last updated at 19:04 on May 11, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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The European Commission is proposing to maintain the highly-contested steep cuts in general 'fallback' categories for the benchmark values used to determine the number of free EU ETS allowances handed to industries, and confirmed that it will provide an extra €4 billion worth, mainly to the chemical sector. 
The European Commission is proposing to maintain the highly-contested steep cuts in general 'fallback' categories for the benchmark values used to determine the number of free EU ETS allowances handed to industries, and confirmed that it will provide an extra €4 billion worth, mainly to the chemical sector. 


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