( July 16, 2026, 12:41 GMT | Official Statement) -- MLex Summary: Ten EU member states, including Italy and Poland, have called for a broad overhaul of the EU Emissions Trading System, urging the European Commission to extend the ETS emissions cap closer to 2050, pause the phaseout of free emissions allowances for CBAM-covered sectors, introduce greater flexibility for national circumstances and reconsider the ETS extension. In a joint statement, the countries argue the ETS should shift from a climate policy instrument toward supporting Europe's industrial competitiveness and energy security.Joint statement follows and attached....
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