The European Commission's EU ETS proposal slows carbon market cuts. Exclusive analysis: 2.4 billion extra tonnes of CO2 permitted, and green steel investments at risk.

Steelmakers, chemical producers and power generators will be able to release emissions well into the 2040s under the proposed law.

The European Commission's EU ETS proposal slows carbon market cuts. Exclusive analysis: 2.4 billion extra tonnes of CO2 permitted, and green steel investments at risk.