The European Commission wants to widen the scope of the scheme
EU looks to strengthen Emissions Trading System
Scheme will undergo further reforms this summer as part of increased EU ambition to reach net zero by 2050
This summer will see the start of another round of regulatory reform of the EU Emissions Trading System (EU ETS). The scheme sets a cap on the emissions that can be produced by the bloc’s largest-emitting sectors—power generation and industry. It issues a set number of EU allowances (EUAs) for emissions that can then be traded between firms. Although the ETS parameters were revised as recently as 2018 in preparation for the start of the market’s fourth phase (2021-30) this year, the advent of the EU Green Deal requires further adjustments to bring the number of EUAs circulating in line with the bloc’s increased climate ambition. 65pc – Expected reduction target for revised ETS The 20
Also in this section
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
1 July 2025
Supportive government policy, deforestation threat and economic opportunity drive forward the region’s monetisation of forest carbon
27 June 2025
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
