Siobhan Hall

(Montel) The European Parliament's biggest political group, the centre-right EPP, would back giving free ETS allowances to power generators after

(Montel) The European Commission wants to give up to 400m allowances from its planned ETS “investment booster” from 2027 to 2029 directly to eligible companies to use as needed, an EU official said on Wednesday.

(Montel) The European Commission is considering rates as low as 3% for the annual decrease in the ETS emissions cap – the linear reduction

(Montel) Financial firms trading in the EU ETS provide essential services that are central to it working well, EU financial watchdog Esma said in its latest annual report on carbon markets.

(Montel) Solar power generated a record 52 TWh in June, giving it a 25% share of monthly EU electricity output for the first time, higher than all other sources, think tank Ember said on Tuesday.

(Montel) Financial companies should continue to be able to trade in EU carbon markets, senior European Parliament member Peter Liese said on Wednesday, pushing back against views suggesting they should be constrained.

(Montel) The European Commission has proposed slowing annual supply cuts on the EU ETS to 3.7% from 4.4% between 2031 and 2035 to assist industry as part of a review unveiled on Friday.

(Montel) The European Commission proposed adding more flexibility to the EU ETS to prepare for an expected shift from surplus carbon allowances to scarcity in the coming years in draft legislation unveiled on Friday.

(Montel) The European Commission has proposed changes to the EU ETS benchmarks for 2026 to 2030 that would provide extra free carbon allowances worth EUR 6bn to industry, it said on Friday.

(Montel) The European Commission proposed sweeping changes to rules for allocating free carbon allowances to industry on Friday as part of wider draft updates of the EU's ETS rules for the next decade.