EU carbon market overhaul to curb free allowances misuse, EU climate chief says
By Louis de Briant ( September 10, 2026, 12:16 GMT | Insight) -- The EU has been "too trustworthy" in expecting companies and governments to use the benefits and revenues from its carbon market to support decarbonization, the EU's climate chief says. Wopke Hoekstra also defended the European Commission's plan for a slower reduction of the carbon market's emissions cap after 2030.Companies and EU governments have not always used carbon market benefits and revenues for the purposes they were intended to serve, EU Commissioner for Climate Wopke Hoekstra has said....
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