EU states agree to ease ETS for heavy industry, free allowances to protect competitiveness

EU member states fast-tracked an agreement to relax climate policy for heavy industry by granting free ETS allowances, aiming to preserve global competitiveness. Polish MEPs signal intent to push for a larger support pool, indicating ongoing intra-EU negotiation. This marks a policy shift toward balancing decarbonization with industrial protection, with implications for carbon prices and EU climate leadership.