Several EU countries argue that planned cuts to free emissions allowances under the EU Emissions Trading System are too severe and do not reflect the technological limits faced by sectors such as steel, cement, chemicals and aluminium. #EuropeNews

Climate roundtable chief, Andrei Marcu, is calling for a rethink of EU carbon market governance beyond short-term fixes

An EU plan to gradually reduce the number of free CO2 permits given to industries has hit resistance from six governments that have demanded looser rules to help firms cope with…