Large companies, investors urge EU countries to back Emissions Trading System
( March 10, 2026, 10:45 GMT | Official Statement) -- MLex Summary: More than 100 large companies and investors — including Volvo Cars, Vattenfall, Sunfire and EDF — are urging EU leaders to show their commitment to the Emissions Trading System, which has faced mounting criticism. They instead suggest for ETS revenues to be used to support long-term clean industrial power purchase agreements, and to remove barriers that prevent companies from co-locating on-site clean energy generation or batteries.The statement follows. The press release and open letter are attached....
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