15. June, 2026

ETS Unfiltered: Europe’s carbon market ahead of the reform

The European Commission’s ETS review proposal is expected on 15 July, against a backdrop of heightened policy uncertainty and growing debate around the future direction of the EU carbon market.

In this ETS Unfiltered session, Veyt’s Chief Analytics Officer Marcus Ferdinand sits down with Peter Liese, Member of the European Parliament and one of the key architects of the EU ETS, to discuss the political and market dynamics shaping the upcoming reform.

The discussion explores:

  • Why Peter Liese believes the ETS must be defended, while also requiring significant adjustments
  • The case for reducing the linear reduction factor and what it could mean for the future carbon budget
  • The relationship between ETS1, ETS2, and the EU’s broader 2040 climate targets
  • Competitiveness concerns facing European industry
  • The role of carbon pricing in achieving emissions reductions across transport, buildings, and industry
  • The future integration of negative emissions and removals into the ETS framework

Complete the form below to access the recording and hear directly from two of the most influential voices in the European carbon market debate.

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