Fallback-benchmark sectors could gain more free EU ETS allowances
( June 16, 2026, 15:21 GMT | Official Statement) -- MLex Summary: Free allowances under the EU Emissions Trading System could increase for energy-intensive sectors covered by fallback benchmarks, under a separate legislative proposal in the upcoming ETS review. A draft implementing regulation by the European Commission details the 2026-2030 timeframe. Fallback benchmarks are used to calculate free allowances for installations in sectors such as chemicals, glass and ceramics that lack product-specific benchmarks. The proposal would better reflect those sectors' decarbonization potential while avoiding cuts in free allowances for other industries.The draft Commission implementing regulation draft and its annex are attached....
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