Italy advocates for EU ETS reform amid energy challenges

Italy’s steel industry is urging the EU to address perceived structural distortions in the EU Emissions Trading System, arguing that Italy’s reliance on gas for power generation puts its energy-intensive producers at a disadvantage compared to competitors in countries with nuclear or coal-based energy systems. Antonio Gozzi, chairman of the Italian steel association Federacciai, emphasized theItaly’s steel industry is urging the EU to address perceived structural distortions in the EU Emissions Trading System, arguing that Italy’s reliance on gas for power generation puts its energy-intensive producers at a disadvantage compared to competitors in countries with nuclear or coal-based energy systems. Antonio Gozzi, chairman of the Italian steel association Federacciai, emphasized theRead More