EU lawmaker proposes more carbon market investments in industry
PUBLISHED Sep 13, 2026, 4:14 PM ET
European Parliament lead negotiator Peter Liese has proposed that European Union member states allocate seventy-five percent of carbon market revenues toward decarbonizing local industries. The draft revision of the Emissions Trading System exceeds the European Commission's initial fifty percent recommendation, aiming to alleviate compliance pressures on energy-intensive sectors like chemicals manufacturing. The proposal adjusts carbon cap reduction trajectories by slowing annual cuts to three point four percent between 2031 and 2035 before accelerating reductions to two point three percent annually starting in 2036. Liese stated the framework offers industrial breathing space without compromising overall climate goals. Lawmakers and member state representatives are scheduled to establish formal negotiating positions ahead of inter-institutional discussions expected in December. The legislative process remains ongoing as industry stakeholders and political groups debate compliance costs versus environmental mandates across European markets.
By Ayesha A. | JQJO News
- Articles Published:
- 47
- Right Leaning:
- 7
- Left Leaning:
- 2
- Neutral:
- 38
- Distribution:
- Left 4%, Center 81%, Right 15%
Left: Emphasizes stronger climate targets and strict ecological protection mandates. Center: Reports legislative balancing between industrial competitiveness and climate obligations neutrally. Right: Focuses on reducing regulatory burdens and protecting domestic manufacturing competitiveness.
Reuters published report detailing Peter Liese carbon market proposal on September 11. https://www.reuters.com/business/environment/eu-lawmaker-proposes-more-carbon-market-investments-industry-2022-09-11/
Coverage of Story:
From Left
Bruxelles face aux pressions de l'industrie sur le marché du carbone
Le Monde Le Monde EconomieFrom Center
EU lawmaker proposes more carbon market investments in industry
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Streit um EU-Klimapaket und CO2-Zertifikate entbrannt
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