ETS reform: Negotiations in the EU Parliament enter critical stage

This week is likely to be a crucial one on the road to a revised European Emissions Trading Scheme (ETS). Rapporteur Peter Liese (EPP, DE) and the shadow rapporteurs will hold several rounds of negotiations simultaneously. Today (Tuesday) there is, among other things, a joint meeting of the negotiating groups on the two fit-for-55 dossiers ETS and CBAM. There, the duration of the phase-in period of the border adjustment mechanism and the reduction of free CO2 allowances for the industry will be the key topic.