Czechia has to decide soon on reallocating its revenues from emission allowances to reduce or compensate for the consequences of climate change, Hospodasrske Noviny reports.
The approval of the amendment should have been valid since the beginning of this year, and Czechia could be threatened with sanctions for their late
French President Emmanuel Macron underlined that energy policy is now a major priority for Europe when he met the leaders of the Visegrad Four countries – Poland, Czechia, Hungary and Slovakia – in Budapest this week. Hungarian Prime Minister Viktor Orban agreed that securing Europe’s energy independence is one of the
Loosening the EU’s Emissions Trading System (ETS) would lessen the currently dramatic rises in energy prices, Estonia’s Economy and Infrastructure Minister Taavi Aas wrote on Tuesday. The ETS is not the root cause of the recent soar in European gas and electricity prices, but modifications to it could