Business · Energy & Commodities · 10 hrs ago

Confindustria chief urges energy focus and calls for ETS suspension

Confindustria chief urges energy focus and calls for ETS suspension

Emanuele Orsini, head of Italy’s Confindustria business group, spoke at an Assolombarda meeting in Milan.

He said the ETS is having a strong impact on the ceramics, paper and glass industries.

Orsini called for energy policy to be guided by competitiveness rather than ideology, but did not take a position on whether Russian gas should return to the market.

He said Confindustria would go to support suspending the ETS on Thursday.

Orsini also said Italy needs to strengthen its energy sovereignty and compete with countries in Europe and beyond.

He urged the government to continue investment support, saying the hyper-amortization measure had helped economic growth.

Requests made in the measure’s first months represented more than €7 billion in investment, compared with €2.5 billion provided by the government.

What people are saying

there should be no ideology on energy
Emanuele OrsiniConfindustria presidentvia Il Sole 24 Ore
we will go on Thursday precisely to support the fact that the ETS will have to be suspended
Emanuele OrsiniConfindustria presidentvia Il Sole 24 Ore
We need to safeguard basic industry too
Emanuele OrsiniConfindustria presidentvia Il Sole 24 Ore

Sources

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