As part of the ‘Fit for 55’ package, the European Commission made a legislative proposal to review the EU’s current emissions trading system. In order to achieve the ambitious climate target of a 55 per cent reduction in emissions by 2030, set by the European Climate Law, the EU is further strengthening its emissions trading system. In this episode, we will cover the EU’s emissions trading scheme and its most recent reform as part of the ‘Fit for 55’ package.

tradeable emission permit