【SMM Steel】European Commission updates ETS benchmarks to support industrial decarbonization

Published: May 14, 2026 16:26

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【SMM Steel】The European Commission has proposed updated benchmark values under the EU ETS for the 2026-2030 period. Under the revised methodology, indirect electricity-related emissions will remain included in 14 product benchmarks. The Commission said the revised benchmarks would enable companies to keep receiving free allocations covering about 75% of their emissions on average. The proposal is expected to be formally adopted by the end of June after public consultation.

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