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Euronews

Marta Pacheco

THE TRUTH ABOUT: Explainer whats the eus carbon market and why does it matter - The Untold Story

European Union ETS Commission Euronews European Commission Europe

The European Commission's revision of the European Union's carbon market, the Emissions Trading System (ETS), was unveiled on 17 July. It came after months of intense lobbying by those seeking to scrap it, and claims from the other side that it should remain unchanged or only slightly adjusted.

The ETS review is shaping up to be one of the EU's most consequential climate policy battles because it sits at the intersection of climate ambition, industrial competitiveness and energy affordability.

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