EU nations support tighter price controls for upcoming carbon market

EU nations today backed price curbs for the upcoming carbon market to prevent fuel bill spikes. The move aims to stabilize costs before the 2028 launch.

EU member states' ambassadors expressed support on February 18, 2026, for proposals to strengthen price curbs within the upcoming ETS2 carbon trading scheme. The move, discussed during formal intergovernmental meetings involving the European Commission, aims to introduce a mechanism that would release additional permits into the market if carbon prices reach a threshold of €45. This development comes as member states, including Slovakia SKSK and the Czech Republic CZCZ, seek to refine the design of the major climate policy before the European Parliament finalises its position.
An exhaust pipe of a car is pictured on a street in Berlin, Germany, February 22, 2018. REUTERS/Fabrizio Bensch
An exhaust pipe of a car is pictured on a street in Berlin, Germany, February 22, 2018. REUTERS/Fabrizio Bensch
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