EU Parliament votes to retain free CO2 quotas for industry

The European Parliament has rejected proposals to phase out free CO2 pollution credits for industries covered by the EU’s Emissions Trading System (EU ETS), even as the bloc plans to gradually replace the scheme with a carbon levy at its border. The move came as lawmakers voted on Tuesday evening (9 March) on plans to impose a carbon charge on imports of goods coming into the European Union, as a way to shield EU industries ...

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