Premier Giorgia Meloni and nine other EU member country leaders wrote to the EU authorities Wednesday asking for a review of the bloc's Emissions Trading System (ETS) including an extension of free quotas beyond 2034.
In a letter addressed to EU leaders, the leaders of Italy, Austria, Croatia, Greece, Romania, Bulgaria, the Czech Republic, Hungary, Poland, and Slovakia call for a "thorough review" of the ETS system that includes "an extension of free EU allowances beyond 2034" as well as a "gradual approach to the elimination of free allowances starting in 2028." The heads of state and government of the ten countries, including Meloni, also call for the review to be expedited, which should be presented "at the latest by the end of May," the text states.
The EU is holding a summit this week.
