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EU emissions trading benchmarks plan to deliver €4bn increase in free allowances

By Louis de Briant ( May 11, 2026, 16:32 GMT | Insight) -- European industries will see updated benchmark values under the EU Emissions Trading System preserve free carbon allowances covering about 75 percent of industrial emissions on average under European Commission proposals published on Monday, with an estimated €4 billion increase in free allocations. The changes, aimed at supporting industrial electrification and easing decarbonization costs, drew criticism from the aluminum industry.European industries will see updated benchmark values under the EU Emissions Trading System preserve free carbon allowances covering about 75 percent of industrial emissions on average under proposals published on Monday....

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