Net-Zero News – Late July 2026

The European Union has unveiled proposals that would slow cuts to businesses’ greenhouse gas emissions limits, as part of a major climate policy overhaul.

The reforms would relax the rules of the bloc’s emissions trading system (ETS) to give businesses more time to reduce their carbon output than previously planned.

The changes would mean some industries could obtain emission allowances until 2038 instead of 2034, if they commit to investing in decarbonisation efforts.

The proposals still need to be approved by EU countries and lawmakers – a process that could take a year.

Sourced from BBC news website