The @Europarl_EN has reached an agreement in today's vote on #EUETS reforms.
Free allowances for industries are to be phased out from 2027 and will end by 2032.
A 63% emissions reduction target by 2030 has also been agreed, vs 2005 levels.
Happy World Rainforest Day!
Our colleagues at @PlannetZero recently partnered with GreenTheUK to assist with the planting of 24000 trees in the #NationalForest on behalf of its customers.
#EUAs closed at €82.12, just 23c🔻over the week.
With energy markets still volatile & next week’s EP's vote on the #ETSreform packages, it is difficult to call price action next week. Volatility is likely with #gas flows, EU voting, interest rate changes & #recession fears