Italy urges pause on EU carbon market amid competitiveness fears
TL;DR
Italy's Industry Minister Adolfo Urso asked the EU to suspend the Emissions Trading System until a comprehensive reform is unveiled later this summer, arguing the ETS acts as a tax on energy-intensive firms and harms European competitiveness, while Nordic industry groups stress the ETS as a key, reformable tool.
- Italy calls for suspension of EU carbon market Euronews.com
- Spain defends EU’s flagship climate law against attacks from other capitals politico.eu
- Industry asks EU to keep free carbon permits for longer Reuters
- The other side of the ‘net zero’ ledger Financial Times
- VOLTAGE: Rome, Berlin pitch rival plans for weaker ETS Euractiv
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