Commission’s EU ETS reforms seek to balance emission cuts with fairness and price stability
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The European Commission has listened to the Czech government's demands regarding the revision of emission allowances, said EU Commissioner for Climate Action Wopke Hoekstra in an exclusive interview with Czech Television. According to him, the aim of the adjustments is to make climate policy go much more hand in hand with competitiveness. Rapporteur Petr Obrovský spoke directly to the EU Commissioner in Brussels.
Commission’s EU ETS reforms seek to balance emission cuts with fairness and price stability
Brussels has opted for an EU Emissions Trading System (ETS) reform that would strengthen the market’s effectiveness while maintaining regulatory certainty, fairness across sectors, competition safeguards, and a more stable carbon price trajectory.
The Ministry of Climate and Environment welcomes the European Commission's proposal for changes to the ETS system, but will fight for more, including a further slowdown in the rate of CO2 emission reduction, said Minister Paulina Hennig-Kloska.
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