Brussels plans carbon price brake as Iran war squeezes industry
Reforms to EU emissions trading system come after pressure from some member states such as Austria and Italy
Reforms to EU emissions trading system come after pressure from some member states such as Austria and Italy

Rome wants to lower electricity prices by reimbursing gas plants for the price of buying EU emissions permits

European Commission proposes steps to try to reduce demand for energy from households and industry

Iran war keeps prices high despite consumer demand dropping as heating season ends

European Commission preparing to cut growth forecasts despite two-week Iran war ceasefire

Companies worry about effects of higher energy costs even as they get short-term advantage over Asian peers

Member states, including Italy, make last-minute push to delay carbon pricing and outsource emissions cuts