Member States unlikely to vote on benchmarks before the summer

The European Commission is unlikely to reveal the draft benchmarks for the allocation of free carbon allowances under the EU Emissions Trading Scheme (EU ETSⁱ) before the summer. Benchmarks based on the most efficient installations in any given sector will be used to determine how many free allowances installations get, and those deemed at risk of carbon leakage will get more. Another stakeholder meeting is due to be held in July.