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EU announces major overhaul of Carbon market to tackle Climate Change

Top International News

EU countries have given the last green flag to the biggest revamp to date of Europe’s carbon market. This is set to sharpen the 27-member bloc’s tools for cutting down on emissions. EU members agreed to a deal to reform the carbon market to cut the emissions by 62% from 2005 levels by 2030 which is designed to deliver the EU’s emissions-cutting targets.

Credit WION

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