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Europe News
Explainer: What's the EU's carbon market, and why does it matter?
The European Commission proposed revising the bloc's major climate policy, the Emissions Trading System (ETS), on 17 July. Euronews explains what the ETS is, why it is being revised and why it has become an incredibly polarising topic on the EU agenda.
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Europe News
'Europe should evolve its carbon market, not dilute it,' investors say
A group of investors managing €11.4 trillion in funds are advocating for complementary industrial policies such as grids, electrification and clean tech financing, reflecting a broader shift in European climate policy from setting targets toward managing industrial transformation.
Europe News
Nine EU countries rebel against EU's green targets for corporate cars
While stopping short of opposing fleet decarbonisation itself, the member states argue that Brussels should resist the tendency to regulate and instead construct more incentives for large companies to invest in zero or low-emission cars and vans.
Europe News
Four EU countries push Brussels to ease carbon costs on industry
Estonia, France, Germany and Spain support the Emissions Trading System, the EU’s major climate policy tool, but want clearer, simpler and possibly more flexible rules to protect industrial competitiveness, according to a document seen by Euronews.
Europe News
Brussels faces backlash over carbon trading system as costs soar
Several EU countries argue that planned cuts to free emissions allowances under the EU Emissions Trading System are too severe and do not reflect the technological limits faced by sectors such as steel, cement, chemicals and aluminium.