Italy and Czech Republic Seek Softer EU Rules
Italy and the Czech Republic plan to propose softer European Union carbon market rules and temporary suspensions on regulations to curb energy costs. The leaders aim to present the reform package at an upcoming EU summit.
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Italy and the Czech Republic will push for looser EU carbon rules during Tuesday's meeting in Prague to curb soaring energy costs. The joint reform package targets the bloc's Emissions Trading System and methane regulations ahead of an October summit. Voters across Europe face mounting pressure from living costs fueled by supply disruptions in Ukraine and the Middle East.
