Factions reach agreement on ETS and bord • Table.Briefings

Less than a week after the package failed in plenary, EPP, S&D, and Renew have agreed on a compromise. With the introduction of border adjustment, the allocation of free allowances is now to be reduced from 2027 and completed by the end of 2032.

After sitting together until almost midnight, the negotiators were able to announce the result at midday on Wednesday after consulting with their political groups. Surprisingly quickly, EPP, S&D, and Renew agreed on a common position on the dossiers emissions trading, carbon border adjustment (CBAM) and Social Climate Fund. „It was important for us to get as big a majority as possible,“ CBAM rapporteur Mohammed Chahim (S&D) told journalists and some lobbyists who had found a way into the video call.

Factions reach agreement on ETS and border adjustment

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