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France 24
France 24
Politics
NEWS WIRES

Vast carbon market reform adopted by EU lawmakers

European Commission President Ursula von der Leyen delivers her speech on the EU-China relations strategy, on April 18, 2023 at the European Parliament in Strasbourg, eastern France. © Jean-Francois Badias, AP

The European Parliament adopted sweeping climate measures on Tuesday aimed at massively cutting EU greenhouse emissions, including the introduction of a carbon border tax on imports.

The legislative step crystallises an ambitious EU plan to reform Europe's carbon market by broadening an emissions trading scheme to more industries and lowering quotas of allowable polluting gases.

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