On July 15th, the European Commission will publish a revision of the European Emission Trading System (ETS). It is expected that the Commission will, amongst others, issue proposals on lowering the Lineair Reduction Factor (LRF) of the ETS and postponing the phasing out of free allowances to certain industrial sectors. At the request of Natuur & Milieu, CE Delft has assessed the impacts of these proposals on the expected emission reductions under the ETS, ETS revenues and the ETS price. We present our conclusions in two concise policy briefs.