The European Parliament could not agree on ETS reforms
EU parliament votes down ETS reforms
Reforms proposed under EU’s ‘Fit for 55’ package will go back to committee stage and return to parliament in September
The European Parliament has voted against passing a reform package for the EU emissions trading system (ETS), sending the law back to the committee stage. As a result, subsequent votes on the Social Climate Fund (SCF) and the carbon border adjustment mechanism (CBAM) were also sent back to the environment committee. This will delay the passage of these three key parts of the European Commission’s ‘Fit for 55’ climate package until at least September and gives the Council of the EU greater influence in shaping the laws. “It is a shame that the far-right, socialists and greens voted together against the file,” says Peter Liese, MEP and rapporteur for the legislation—meaning he is responsible f
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