EU Unveils Sweeping Reforms to Emissions Trading System, Targeting Aviation, Buildings, and Road Transport

EU Unveils Sweeping Reforms to Emissions Trading System, Targeting Aviation, Buildings, and Road Transport

The European Union (EU) has unveiled a comprehensive set of reforms to its Emissions Trading System (EU ETS), focusing on the aviation sector, the introduction of fees to finance the Union Registry, and a significant expansion to encompass buildings and road transport.

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