ETS and CBAM: Two new compromises before final vote

Ahead of the vote in the plenary of the EU Parliament on a large part of the Fit for 55 package next week, negotiators from the various political groups have found new compromises. There are new proposals both on the ambition level of the existing Emissions Trading Scheme (ETS) and on the introduction of a Carbon Boundary Adjustment Mechanism (CBAM). In both cases, however, these proposals have not yet gained a majority in Parliament, as they lack the support of another major parliamentary group.