| | JU LY 20268EU Plans Biggest Climate Fight by Halting Carbon MarketOmio to Acquire Rail Europe in Major Rail Travel ExpansionIndia, EU Begin Talks on Delhi's Association with Horizon EuropeThe European Commission has unveiled plans to reform the EU's carbon market, marking the beginning of what is expected to be the year's biggest climate policy debate. The changes would weaken the Emissions Trading System (ETS), the bloc's flagship mechanism for reducing greenhouse gas emissions, by allowing heavy industries to emit more carbon for a longer period.The move reflects a broader shift in EU policymaking since 2024, when gains by right-wing parties in the European Parliament redirected the bloc's focus from the ambitious European Green Deal toward strengthening industrial competitiveness. Over the past 18 months, regulations covering gasoline vehicles, corporate sustainability disclosures, deforestation, and misleading environmental claims have all been eased, highlighting the growing political pushback against green policies. Omio Group has signed an agreement to ac-quire rail distribution platform Rail Europe, marking a significant step in strengthen-ing its position in the global ground trans-portation market.The acquisition, which is subject to consultation with the Social and Economic Committee in France, aims to expand Omio's rail distribution capabilities while enhancing access to international train travel for customers and partners.The deal is expected to significantly expand Omio's reach, allowing the company to sell approximately 22 million train tickets annually and collaborate with more than 28,000 transport operators and travel agencies worldwide. It will also provide Omio with access to Rail Europe's extensive network of travel agents and rail India and the European Union have agreed to begin formal discussions on Delhi's associa-tion with Horizon Europe, the EU's flagship research and innovation funding program, while launching a bilateral startup partnership focused on deep-tech and clean technologies. The agreement reflects the growing ambition of the EU-India strategic partnership, with both sides committing to strengthen resilient value chains across agri-food, active pharmaceutical ingredients, and clean energy technologies.They also announced plans to establish the first EU-India Innovation Hub for electric vehicle charging technologies and testing. Additionally, both parties pledged to expand cooperation in semiconductors, advanced computing, quantum technologies, artificial intelligence, and 6G. The meeting also reviewed 60 million in joint research funding supporting waste-to-hydrogen, marine pollution, and EV battery recycling initiatives. Great entrepreneurs focus intensely on an opportunity where others see nothingDaniel Ek, CEO, SpotifyBizWireoperators across more than 70 countries, strengthening its global distribution footprint.
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