Czech Republic & Central Europe — 2026-03-19
Babiš Pushes EU Emissions Trading System Suspension at European Council
PM Babiš announced support for Italy's proposal to suspend the EU ETS at the European Council, citing energy cost pressures from the Iran war. Prague is also proposing a price cap and exemptions for energy-intensive sectors.
Analysis
The 0400 INTSUM quoted Babiš calling the ETS an 'absolute catastrophe.' Today's formal push at the EU Council with Italian support moves this from rhetoric to active policy initiative, leveraging the Iran war energy crisis as justification.
The 0400 INTSUM quoted Babiš calling the ETS an 'absolute catastrophe.' Today's formal push at the EU Council with Italian support moves this from rhetoric to active policy initiative, leveraging the Iran war energy crisis as justification.