Poland's government has urged the European Commission to intervene because the rising price of carbon permits traded under the Emissions Trading System (ETS) are putting financial pressure on the country's coal-reliant utilities. Energy Minister Tchorzewski said the "stable functioning of the ETS market" was crucial to Poland's energy sector, and said tools such as the release of extra permits would help ease the situation. "We expect the Commission to take decisive steps", he said.
Poland's government has urged the European Commission to intervene because the rising price of carbon permits traded under the Emissions Trading System (ETS) are putting financial pressure on the country's coal-reliant utilities. Energy Minister Krzysztof Tchorzewski said the "stable functioning of the ETS market" was crucial to Poland's energy sector, and said tools such as the release of extra permits would help ease the situation. "We expect the Commission to take decisive steps", he said.