News · 18 July 2026

EU proposes to slow carbon emission cuts for businesses until 2038

The European Union wants to relax its emissions trading system rules, giving businesses more time to reduce carbon output than planned. Some industries could get emission allowances until 2038, four years later than the previous 2034 deadline. The change aims to make the system more business-friendly, according to EU climate commissioner Wopke Hoekstra.

By BriefTea Editorial · 18 July 2026 at 0:17

Reported by BBC · How we write briefs

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Does the UK have an ETS? How does this affect UK trade? What is carbon pricing? Why delay climate action?

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