Among the compromises reached between the European Parliament’s political groups on the revision of the European Union’s Emissions Trading System (ETS) on Tuesday 10 May, negotiators agreed on a proposal to establish a bonus-malus system linked to free allowances granted to companies covered by the ETS.
Led by Peter Liese (EPP, Germany), Parliament’s rapporteur on this dossier (see EUROPE B12867A3), the proposal aims to incentivise companies to reduce their greenhouse gas (GHG)...