The package of measures recognises the need to promote energy security and combat rising costs.

By Michael D. Green and James Bee

Key Points:

• The Commission has outlined areas of ETS reform, including updated benchmarks for free allocations and a new €30 billion ETS Investment Booster.
• A medium-term ETS review is expected by July 2026 with the intention to “modernise” the system.

On 11 May 2026, the European Commission (Commission) presented updated EU Emissions Trading System (EU ETS) benchmarks for…