EU Loosens Climate Rules for Industry
The European Commission is changing the rules for carbon emissions from industries. It will delay the end of free carbon allowances and slow down the reduction of emissions. This change is meant to help industries compete, but it faces criticism.
The European Commission’s changes affect the Emissions Trading System (ETS). The system allows industries to trade carbon credits. The Commission wants to give industries more time to reduce emissions. This will happen by extending the availability of free carbon allowances. The changes also include applying the system to air travel, excluding flights to the USA and China. Critics worry this will weaken climate protection efforts.
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Highlights
EU delays carbon phase-out
The European Commission is delaying the end of carbon emissions for industries until the 2040s.
Industry gets more time
The European Commission wants industries to reduce emissions more slowly.
Reduced emission cuts planned
The EU will reduce the annual rate of emission cuts.
Industry receives free allowances
Companies will receive more free carbon allowances.
ETS changes expand to aviation
The Emissions Trading System will include air travel, excluding flights to the USA and China.
Perspectives
- The European Commission is changing the Emissions Trading System.
- Industries will have more time to reduce carbon emissions.
- The changes aim to support industry competitiveness.
- The EU is adjusting its climate goals to include industry.
Climate advocates and environmental groups oppose the delay.
Politico EU, NU.nl, ZEIT Online
The European Commission and some member states support the delay.
EU, NOS Nieuws, Der Standard, ORF News, ORF News