EU ETS Overhaul: The European Commission will propose an overhaul of the EU’s Emissions Trading System on Friday, explaining how the cap-and-trade scheme covers power plants, industry, flights and part of shipping, and why the review could reshape costs for major sectors. Carbon Market Pressure: A coalition of 10 EU countries is pushing for a slower ETS cap reduction, more free allowances and changes to ETS2, warning the current pace could push industry out of Europe. Denmark Telecom Update: Telenor Denmark posted strong Q2 results, with higher service revenue, continued mobile growth and record customer satisfaction as it simplifies operations and invests in network and digital customer experience. EU Pay Transparency: The new EU Pay Transparency Directive is set to be transposed across member states by June, aiming to tackle gender pay gaps through mandatory employer transparency and stronger worker challenges. Offshore Wind Policy Shift: Sweden is moving to an auction system for offshore wind to speed up development and reduce delays seen under the current approach. Denmark Migration Crackdown: Denmark plans to extend its burka ban to schools and universities as part of a wider push against “parallel societies.” Global Business Watch: Maersk is expanding logistics in the US with a new Boston-area fulfillment hub, adding about 1,000 jobs. Maritime Geopolitics: MPs and MSPs are urging a Danish shipyard to stop servicing LNG tankers tied to Russia’s gas exports amid upcoming EU restrictions. Tech & Mobility: Xpeng launched a new L03 electric SUV-coupe in Europe with aggressive pricing that undercuts Tesla’s Model Y in several markets. Archaeology (Baltic Trade Links): Polish and Danish teams began a new excavation season at Wolin’s Silver Hill, hunting for Viking-era port origins.