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EU emissions trading system reform

EU emissions trading system reform

27.02.2018

The EU Council approved the reform of the EU emissions trading system (ETS) for the period after 2020.The revised ETS directive is a step towards the EU reaching its target of cutting greenhouse gas emissions by at least 40% by 2030, as agreed under the EU's 2030 climate and energy framework, and fulfilling its commitments under the Paris Agreement.