Merz urges EU to hold line on carbon market reforms amid growing opposition
German Chancellor Friedrich Merz has urged Brussels not to reopen the European Union's carbon market compromise, in a move that underlines growing political tension over the bloc's climate policy. In a letter seen by Euronews, Merz called for the EU to stand firm on reforms to the Emissions Trading System and to avoid further changes to its second phase. He said investment certainty was essential and warned that uncertainty could damage long-term planning in Europe's energy and industrial sectors.The intervention comes as the European Parliament and EU governments negotiate the European Commission's July 17 proposal to align the Emissions Trading... [Continue Reading]
360LiveNews | 12 Nov 2026 10:29 LONDON
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