MEPs pass ETS reform

European Parliament has voted in favour of steeper emissions reductions and inclusion of maritime, road transport and heating in carbon pricing schemes

The European Parliament has adopted rapporteur Peter Liese’s report on the revision of the EU emissions trading system (ETS), meaning the law can proceed to the next stage of the legislative process. Separate files on the carbon border adjustment mechanism (CBAM) and the Social Climate Fund (SCF) were also adopted as part of the wider package aimed at reducing the EU’s greenhouse gas (GHG) emissions by 55pc below 1990 levels by 2030. “Today's plenary decision is good for the climate and good for jobs. I am very relieved and glad that a large majority is now living up to its responsibility,” Liese said on the passing of the law, noting it would see more emissions mitigated over the next eight