Spain tells EU not to touch ETS emissions cap until after 2035 as 10 countries push to weaken it
contexte.comA leaked document shows Spain has told the European Commission not to adjust the EU ETS emissions cap until after 2035, while 10 other member states are calling for the cap to be weakened. The split highlights growing tension between countries that want to preserve the carbon market's integrity and those seeking relief for industry. The debate comes as the Commission prepares a major ETS reform. Spain's position would keep the current cap trajectory intact for nearly a decade, resisting pressure to slow the pace of emission reductions. The outcome will directly affect carbon prices and the cost of compliance for power plants, factories, and airlines covered by the scheme.