Negotiations among European Union (EU) officials to revise the bloc’s emissions trading scheme finished successfully on Sunday.
As expected, the final round of talks between the European Parliament, the European Commission and national member states ushered into a general package deal for the European Union’s Emissions Trading System (EU ETS) that covers all of Europe’s industrial sectors.
A side deal on shipping, arrived at earlier this month and reported on by TradeWinds, was therefore left intact.