Lithuania is blocking landmark reforms to EU climate policy

As European governments debate a proposal to fix Europe’s oversupplied carbon market, the Lithuanian government continues its alignment with a small bloc of countries led by Poland, who seeks to not allow the reforms to start before 2021 and to allow hundreds of millions of additional allowances to flood into the market. A new study from climate change think-tank Sandbag highlights how Vilnius’ position threatens to undermine the reform package, and could also lead to a significant loss of national revenue.