Denmark and Luxembourg have revised their use of ETS flexibility under the Effort Sharing Regulation and will not cancel any ETS allowances between 2026 and 2030. The Commission has updated Implementing Decision (EU) 2020/2126 to reflect these changes.
emission trading
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The European Commission has launched the procurement process for the fourth common auction platform under the EU ETS. The platform will auction ETS1 and ETS2 allowances on behalf of Member States and EEA-EFTA countries, as well as allowances for key EU climate funds.
Today, the European Commission and the European Investment Bank announced that €3.66 billion have been disbursed from the Modernisation Fund to support 34 energy related projects in 9 EU Member States.
The European Commission has announced plans to introduce a new measure to address the risk of carbon leakage for EU-produced goods produced in CBAM sectors.
The Commission announced in its European Steel and Metals Action Plan an initiative that aims at extending the carbon border adjustment mechanism (CBAM) scope to some downstream products to reduce the risk of carbon leakage.
The European Commission welcomes the provisional political agreement reached between the European Parliament and the Council today on the Commission proposal to simplify and strengthen the EU’s carbon border adjustment mechanism (CBAM).
The EU adopts new rules aligning aviation emissions monitoring with CORSIA, ensuring EEA-based operators offset international flight emissions for 2021–2026. The act supports sustainable aviation and reinforces the EU’s climate commitments under the revised ETS Directive.
The European Commission has unveiled the 2025 rules for calculating the price gap between kerosene and sustainable aviation fuels, key to boosting clean fuel use in aviation.
The EU has identified 44 oil and gas companies to help deliver 50 million tonnes of annual CO₂ storage by 2030. This move supports the Clean Industrial Deal and marks a key step in scaling up carbon management to decarbonise Europe’s most emissions-intensive sectors.
The Commission launches a public consultation on the EU ETS, Market Stability Reserve, Innovation Fund, and Modernisation Fund ahead of 2026 reviews. Share your views on the future of EU carbon markets by 8 July 2025.
