*** modified on Tuesday 8 February, 1 pm ***
While the proposed revision of the EU Emissions Trading System (ETS) envisages phasing out free emission allowances over a ten-year period from 2026, the ‘think tanks’ E3G, Jacques Delors Institute (Paris) et Europe Jacques Delors (Brussels) recommend accelerating this process in order to phase out all free allowances by 2030 at the latest.
In a joint note published on Monday 7Â February, the two organisations point out that the industrial...