International > CBAM & Tariffs > EU leaders back ETS review plan, discuss carbon market’s role in next budget

EU leaders back ETS review plan, discuss carbon market’s role in next budget

Published 12:25 on June 19, 2026 / Last updated at 17:22 on June 19, 2026 / / EMEA (Compliance Markets & Taxes, Europe), International (CBAM & Tariffs)

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EU leaders on Friday endorsed the European Commission's plan to review the EU Emissions Trading System (ETS) next month, with proposals on free allowances and industrial emissions benchmarks due in July, as talks continue on how to use ETS revenues in the next EU budget.
EU leaders on Friday endorsed the European Commission's plan to review the EU Emissions Trading System (ETS) next month, with proposals on free allowances and industrial emissions benchmarks due in July, as talks continue on how to use ETS revenues in the next EU budget.


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