EU’s carbon market update clears final hurdle

The Council of the EU has given the final stamp of approval to an update to the European Union’s Emissions Trading System (ETS), which hopes to help the bloc cut emissions by 40% by 2030, euractiv.com reads. Member states signed off on Tuesday morning (27 February) on a reform deal for the ETS that will govern the 2021-2030 period, after MEPs gave their approval earlier this month. The ETS is the bloc’s flagship emissions reduction tool and EU leaders hope tweaks ...

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