www.bloomberg.com
EU lawmakers are advocating for a minimum three-year delay in the implementation of the EU’s carbon market cap-and-trade system. This proposed postponement could significantly impact the EU’s ambitious green agenda, potentially hindering progress towards emissions reduction targets. The move reflects growing concerns and potential resistance to the stringent environmental policies, signaling a potential setback for the region’s climate goals. The delay aims to provide more time for adaptation and potentially soften the economic impact of the carbon market.
