Let’s go at it again: After the failed vote two weeks ago, the EU Parliament will make another attempt today to vote on parts of the Fit for 55 package. It is about a new compromise for the reform of EU emissions trading as well as a Social Climate Fund and the introduction of the Carbon Border Adjustment Mechanism (CBAM). Last week, MEPs from EPP, S&D and Renew surprisingly quickly agreed on a compromise. Among other things, the compromise envisages that the introduction of CBAM will coincide with a reduction of free allowances from 2027 onwards and with a complete phase-out at the end of 2032.