The European Union has proposed reforms to its emissions trading system (ETS).
The proposed reforms would slow down or relax cuts to carbon emissions for businesses.
Stated Purpose of the Reforms
According to reports, the purpose of the reforms is to give companies more time to reduce their carbon output.
Criticism of the Plan
The reforms have been described as a 'gift to polluters'.
The reforms have been characterized as 'a Trojan horse'.
