ETS, the knot of the smallest safeguards for sectors at risk of relocation
Also the trade unions on alert for the revision of the Emission Trading System (Ets), the European system for the exchange of greenhouse gas emission allowances, which the EU has launched...
Italian unions and industry associations are speaking out against the European Union's proposed revision of the Emission Trading System (Ets). The paper industry, which is energy-intensive, is particularly concerned that the changes could lead to a loss of competitiveness and jobs. The associations, including Assocarta and trade unions such as Slc-Cgil and Fistel Cisl, are calling for modifications to the proposal to protect industries at risk of "carbon leakage", or the transfer of production to countries with lower environmental standards and CO2 costs.
They are requesting that the reduction of benchmarks be frozen at 2025 levels and that indirect CO2 costs be compensated.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.