
The vice-president of Confcommercio, Pasquale Russo, highlighted in the Chamber hearing the negative impact of the Ets system on maritime connections with the islands and on transshipment ports, asking for structural changes.
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The European Emissions Trading System (ETS) aims to reduce emissions but generates additional costs for energy-intensive sectors.
"The energy crisis we are experiencing has, paradoxically, the advantage of making us better understand the negative socio-economic impacts of some measures adopted to support the energy transition, such as the ETS system. In maritime connections with the islands, due to the increase in energy prices, the cost of fuel combined with the ETS cost exceeds 50% of the price of tickets. Operating in these conditions and above all planning the investments necessary for decarbonisation is truly an impossible mission": thus the vice president of Confcommercio, Pasquale Russo, at the hearing at the Commission for European Policies of the Chamber of Deputies on the package of measures for the revision of the Ets emissions trading system.
"The new paragraph 6 of article 119 of the Constitution - the vice president remarked - commits the Republic to removing the disadvantages deriving from insularity. It is therefore necessary to provide as a priority for a modification of the ETS regulation which structurally excludes from the contribution the connections with all the islands, small and large, such as Sicily and Sardinia which are, unfortunately, suffering from these additional extra costs, which slow down their competitiveness. We then need truly effective measures to reduce the competitive disadvantage generated by the ETS to the detriment of European transshipment ports such as Gioia Tauro, compared to non-EU ports, starting from those on the other side of the Mediterranean."
"Furthermore, in general - concluded Russo - there is a need for proportionality and transparency in the allocation of ETS proceeds to the sectors involved, to support their decarbonisation, and it must be guaranteed that a share of the resources of the new European Bank for industrial decarbonisation can be reserved for micro, small and medium-sized enterprises, favoring aggregate projects and providing simplified procedures and quicker access times".

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Eni's CEO, Claudio Descalzi, called for the suspension of the ETS due to the ongoing energy crises and conflicts, calling it too onerous a tax for European industry and calling for the inclusion of refineries in the taxonomy.

The European Commission proposes to postpone the entry into force of the restrictions on gas, oil and coal imports provided for by the regulation on methane emissions until 2028, to protect the security of energy supplies.

The European Commission confirms its closeness to an agreement with Italy to reduce the impact of gas energy costs on the price of electricity, in line with EU rules. Meloni had called for a coordinated and rapid response.

Private company North American Blue Energy Partners has received new oil equipment in Venezuela, including two drilling rigs, for the first time in more than 15 years.

Following a Russian attack on the energy sector, Kiev and several Ukrainian regions, including Kharkiv and Zaporizhia, remained without electricity this morning, Ukrenergo reported.