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This policy brief by the Center for International Environmental Law (CIEL) argues that the increasing import of fracked natural gas liquids (NGLs)—specifically ethane and propane—from the United States to Europe is undermining the European Union's climate and plastics reduction goals. The document details the supply chain from US fracking basins to European petrochemical plants and contends that current EU regulations, such as the Emissions Trading System (ETS) and the Carbon Border Adjustment Mechanism (CBAM), contain loopholes that allow the plastics industry to offshore emissions and avoid carbon pricing.