On Tuesday 14 January, in line with the European Green Deal and the target of making Europe the world's first climate-neutral economy by 2050, the European Commission launched a public consultation on the amended version of the state aid guidelines for the EU emission trading system in the context of the system for greenhouse gas emission allowance trading post 2021 (the ‘ETS guidelines').
Executive Vice President Margrethe Vestager believes that the draft guidelines “fully reflect the...