The European Parliament approved a major update of the EU's carbon market on Wednesday (22 June), a crucial law that forms the heart of Fit for 55, the EU's landmark strategy designed to bring carbon emissions down 55 percent by 2030.
Lawmakers have now agreed to extend the so-called emissions trading mechanism (ETS) — a tradable credit-based tax on pollution that applies to heavy industry — to aviation and shipping, plus a separate system for smaller industry and commercial housing, ca...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginWester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.
Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.