“Such a thing as a free lunch” – EU ETS reform proposal draws heavy fire from climate advocates

Published 13:28 on July 17, 2026 / Last updated at 17:08 on July 17, 2026 / / EMEA (Compliance Markets & Taxes, Europe), International (Aviation/CORSIA, CBAM & Tariffs, Paris Article 6/PACM, Shipping), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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The European Commission's proposed reforms of the EU Emissions Trading System (ETS) did not land well with climate campaigners and experts on Friday, drawing heavy criticism for loosening a crucial incentive for emission reductions just as it's beginning to do its job. 
The European Commission's proposed reforms of the EU Emissions Trading System (ETS) did not land well with climate campaigners and experts on Friday, drawing heavy criticism for loosening a crucial incentive for emission reductions just as it's beginning to do its job. 


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