On 29 November, the European Commission adopted a decision setting the Union-wide quantity of emission allowances under the Emissions Trading System (ETS2) (see EUROPE B13164A13) for 2027. The ceiling, amounting to 1,036,288,784 allowances, is designed to strengthen the European Union’s climate action.
This measure includes the buildings, road transport and small industries sectors, as well as the states of the European Economic Area and the European Free Trade Association. The...