International > Aviation/CORSIA > Brussels unveils post-2030 EU carbon market overhaul, with softer emissions cuts and limited role for international credits

Brussels unveils post-2030 EU carbon market overhaul, with softer emissions cuts and limited role for international credits

Published 11:04 on July 17, 2026 / Last updated at 14:00 on July 17, 2026 / , , and / CO2 Management (CCUS, Engineered Removals), EMEA (Compliance Markets & Taxes, Europe), International (Aviation/CORSIA, CBAM & Tariffs, Paris Article 6/PACM, Shipping), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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The European Commission on Friday proposed long-awaited reforms to the EU Emissions Trading System (ETS), as well as the supply-balancing Market Stability Reserve (MSR), aiming to ease concerns over rising production costs by slowing annual CO2 cuts, incorporating carbon removals and international credits over the next decade, and allocating billions of euros' worth of additional free permits to industry.
The European Commission on Friday proposed long-awaited reforms to the EU Emissions Trading System (ETS), as well as the supply-balancing Market Stability Reserve (MSR), aiming to ease concerns over rising production costs by slowing annual CO2 cuts, incorporating carbon removals and international credits over the next decade, and allocating billions of euros' worth of additional free permits to industry.


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