European Union considers granting industries greater flexibility in emissions regulations

The European Union is examining the extension of the permissible carbon dioxide emission allowances for companies and the increase in free permits granted to them, aimed at making the emissions trading system more flexible and enhancing industrial competitiveness. The proposals include tools to slow down the emissions cap reduction, expand financial support for less developed European countries, and increase free carbon permits, with reforms expected to be announced ahead of the upcoming July disclosure.

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