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Published 1 year ago

EU countries approve 2035 phaseout of CO2-emitting cars

Summary by Ground News
European member states gave their final approval on Tuesday to a decision that revises the EU's market stability reserve. The decision is aimed at addressing the surplus of emission allowances that have been building up in the EU emission trading system. It extends beyond 2023 the increased annual intake rate of allowances of 24%, it added.

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