EU carbon rules bring risks, gains for Cyprus in green shift

The European and Cypriot economies are heading toward significant shifts following the European Commission’s new proposal to revise the EU Emissions Trading System (EU ETS) for the period after 2030. The proposal aims to align the EU with its 2040 climate target of cutting emissions by 90% compared with 1990 levels, while balancing climate ambition with protecting industrial competitiveness.
The new framework carries provisions that directly affect Cyprus, bringing positive economic outcomes...
This is a summary. Read the full article at in-cyprus.
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