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EMISSIONS: Czech Opposes EU ETS2, Urges Modification to Protect Competitiveness.

EMISSIONS
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The Czech Republic opposes the EU's ETS2 emissions trading system for housing and transport, with Prime Minister Petr Fiala urging its modification or abandonment to protect the bloc’s competitiveness, Fiala said, cited by Bloomberg.

  • The Czech Republic plans to advocate for the EU to "modify or abandon" ETS2.
  • The new system will cover and address the CO2 emissions from fuel combustion in buildings, road transport and additional sectors (mainly small industries not covered by the existing EU ETS), according to the EU.
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The Czech Republic opposes the EU's ETS2 emissions trading system for housing and transport, with Prime Minister Petr Fiala urging its modification or abandonment to protect the bloc’s competitiveness, Fiala said, cited by Bloomberg.

  • The Czech Republic plans to advocate for the EU to "modify or abandon" ETS2.
  • The new system will cover and address the CO2 emissions from fuel combustion in buildings, road transport and additional sectors (mainly small industries not covered by the existing EU ETS), according to the EU.