EU Commission to scrap 2039 net-zero industry target, delay ETS end date and push electrification
euractiv.comThe European Commission is set to abandon the 2039 net-zero deadline for heavy industry under its flagship carbon pricing scheme, the Emissions Trading System (ETS). Sources say the reform will slow the annual reduction of the emissions cap and extend free pollution permits for sectors like steel, cement, and aviation. The move responds to intense lobbying from industry and half of EU member states who argue the current timeline is unrealistic. Alongside the ETS overhaul, the Commission will present a new Electrification Action Plan with a target for electricity to cover nearly half of EU energy consumption by 2040. The plan aims to replace fossil fuels with heat pumps and electric vehicles, framing electrification as a solution to the bloc's reliance on imported energy. The shift marks a clear departure from the Green Deal era toward more industry-friendly and electrification-focused policies.
