Hats off to a new EU carbon cap

Europe is quickly moving to a fresh carbon cap for 2030, with early signs it could reinvigorate the emissions market and simplify low-carbon policy.

The European Union has begun the process of agreeing a new carbon cap for 2030, with early signs that it could reinvigorate the emissions market and simplify low-carbon policy.

The outcome will depend on horse-trading with sceptical carbon-intensive countries such as Poland and the eventual parcelling of the cap between industry sectors.

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