Eight EU Nations Defend Carbon Market Amid Price Surge
Eight nations urged the EU to maintain its carbon market despite rising energy costs. They warned that suspending the system would damage green investments.
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A coalition of eight European Union member states has issued a stern warning against any attempts to weaken or suspend the bloc's primary climate policy, the Emissions Trading System (ETS). Spain, the Netherlands, Denmark, Finland, Luxembourg, Portugal, Slovenia, and Sweden argued in a joint paper that dismantling the carbon market would undermine the region's green transition.
