• <a fr-original-style="" href="https://www.bloomberg.com/news/articles/2022-12-18/europe-reaches-deal-to-bolster-carbon-market-in-green-deal-push" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">EU negotiators</a> reached a provisional deal on Sunday to strengthen and expand the bloc's carbon market, aiming to cut emissions by 62% from 2005 levels by 2030 and become climate-neutral by mid-century. The plan involves removing 90 million CO2 permits from the system in 2024, and 27 million in 2026 while accelerating the pace at which companies are obligated to reduce pollution from 2027.<img src="https://images.aposto.com/2022/11/0/1671389691440.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.79" width="550" alt="CO2 " fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via Bloomberg<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Furthermore: After 30 hours of talks that started on Friday, EU countries also <a fr-original-style="" href="https://www.reuters.com/business/environment/eu-reaches-agreement-pivotal-carbon-market-deal-czech-eu-presidency-2022-12-18/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">agreed on a set of compromises</a> that will delay the introduction of the carbon market by a year and release additional CO2 permits if fuel prices remain at record levels. The provisional deal still needs to be formally adopted by the European Parliament and the European Council.</li></ul>

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