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EU emissions trading system faces mounting scrutiny ahead of July review

By Louis de Briant ( March 9, 2026, 14:02 GMT | Comment) -- As high energy prices intensify fears about competitiveness, Italy is challenging the EU emissions trading system costs through a national decree and calling for its suspension. Some European governments and hard-to-abate industries seek more predictable carbon pricing, revised benchmarks and continued free allocations, while supporters warn that weakening the ETS could undermine decarbonization and investment signals.The EU emissions trading system has in recent weeks become the focus of heated debate among industries and European governments — and soaring energy prices in the wake of the US attack on Iran are only expected to intensify concerns....

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