The EU commission has new plans. It is about the trade with CO2 certificates. These are rights to make dirty air. Firms pay for these rights. This helps the earth. Firms shall protect the nature.
The industry has big worries. The energy costs are very high. The EU changes the rules. Firms may send out CO2 for longer. The number of rights falls slower now.
Many firms get free rights. These free gifts end in 2034. The EU wants to give them until 2037. This helps the companies in the trade.
There are rules for this help. Firms must show plans for clean tools. They must save energy. Only then they get free rights. The EU wants to keep the industry in Europe.
The air traffic gets new rules too. From 2029 these rules apply to more flights. This counts for travels to Dubai or Istanbul. Flights to the USA do not count yet.
People who protect the climate do not like the plans. They fear for the climate goals. The EU wants no CO2 in 2040. The new law makes this goal harder.