The EU might weaken its landmark climate law — the ‘most impactful’ in the world

Grist
By Joseph WintersJul 29, 2026, 4:30 am111 pts
The European Union’s cap-and-trade system has long been considered the gold standard for market-based emissions-reduction policies, and it’s influenced similar efforts from California to South Korea. Since 2005, it’s helped reduce the EU’s industrial carbon emissions by about 50 percent, and a recent…

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