Emissions trading for buildings and tran • Table.Briefings

At just before 2 a.m. on Sunday, the deal in the jumbo trilogue on the reform of emissions trading was reached: The ambition level will rise, the carbon price for buildings and road transport will be introduced, and the free emissions allowances for the industry will end in 2034. This means that the essential part of the Fit for 55 package is ready.

The phase-out of free carbon allowances for the industry had been the biggest battle, said a relieved Michael Bloss (Greens) on Sunday morning. Negotiators from the EU Parliament, Council and Commission reached an agreement earlier at 2 a.m. in the jumbo trilogue on the reform of the EU Emissions Trading System (ETS).

Emissions trading for buildings and transport is coming

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