European energy and business groups are pushing back against proposed changes to the EU Emissions Trading System. In a joint letter to the EU Council, organisations including Energy UK, the We Mean Business Coalition and the Institutional Investors Group on Climate Change call for the ETS to keep its integrity and continue driving decarbonisation. More than two dozen trade bodies and energy groups across Europe signed the letter. The core concern is that a weakened ETS would undercut the carbon price signal that makes low-carbon investment viable. The article covers the main arguments and the range of signatories, though the full letter is behind BusinessGreen's paywall. Useful read for anyone tracking EU carbon market design, ETS reform, or climate policy in Europe.
