Brussels has been plunged into a fresh row over Europe's flagship climate policy after the European Commission proposed loosening the rules of its carbon market. The move comes after ten member states pushed for weaker rules and seven others warned against them.
The European Commission tabled its proposal on Friday to revise the EU Emissions Trading System, giving heavy industries a longer, cheaper path to cutting emissions. The plan lands just weeks after deadly wildfires tore through Spain and Western Europe recorded its hottest June on record.