European Commission President Ursula von der Leyen is brushing off calls to overhaul the bloc's carbon pricing system and while urging member states to cut taxes on energy bills despite calls for Brussels to suspend rules, according to a letter seen by Euronews.
The document rejects calls for fundamental changes despite mounting pressure from energy-intensive sectors and countries like Italy, Hungary, Romania, and the Czech Republic, which have been lobbying the EU executive to scrap the ETS, arguing that carbon costs and high electricity prices are shutting down industries.
