Promoting cost-efficient emission reductions: updating the quantity of cancelled EU ETS allowances to be used for Effort Sharing compliance for some Member States
The European Commission adopted an amendment to the Implementing Decision (EU) 2020/2126, reflecting changes in the use of the “ETS flexibility” under the Effort Sharing Regulation (ESR). Revised in 2023, the ESR sets an overall EU target to reduce greenhouse gas (GHG) emissions in the sectors it covers by 40% by 2030, compared to 2005 […]
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