Commission ‘has grasped’ need to postpone ETS2, Christodoulides says

President Nikos Christodoulides on Friday says he believes the European Commission “has grasped” the need to suspend the implementation of the EU’s new emissions trading system, known as ETS2, beyond 2028 following lengthy discussions on the matter on the first day of the European Council summit in Brussels on Thursday.

He made reference to the official conclusions of the summit’s first day, which were published in the early hours of Friday morning, saying that “as currently worded … it is...