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Economy News

The Economic Times

Economy / The Economic Times

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EU plans biggest carbon market overhaul: What's changing and why it matters

The European Union plans significant changes to its carbon trading system. These revisions aim to balance climate targets with industrial competitiveness concerns. Free carbon permits will be extended for industries, and emissions limits will tighten slower. Financial support will link more closely to clean technology investments. Negotiations between member states and the Parliament will finalize these proposals.

17 Jul 2026 10:23 am