Regulatory Briefing: EU parliament’s compromise on ETS and CBAM

The European Parliament has agreed to a compromise package of green measures, including some tightening of the EU’s high-profile carbon trading system and a new scheme to penalise imports of commodities like cement from countries with lax emission rules. This opens the way for approval of the measures by EU member states.

The package reviews the EU Emission Trading System and the new Carbon Border Adjustment Mechanism and Social Climate Fund proposals.