Poland calls for EU's 'Fit for 55' climate legislation to be revised or postponed
Poland has called for the revision or postponement of the European Union's 'Fit for 55' climate proposals ahead of this week's EU Council summit, with the country's most powerful politician Jarosław Kaczyński saying Wednesday that Russian behavior over gas supplies made advocates of the plan look "ridiculous", reported S&P Global Platts.
In a non-paper circulated among EU Member States ahead of Thursday's EU Council meeting, Poland said that in the light of rising energy prices in Europe the Fit for 55 legislation, which aims to cut the bloc's emissions by at least 55% before the end of the decade, should be revised.
Any elements of the package that could have a negative impact on energy price should be analyzed, revised or postponed, the document said. Poland also argued that the EU Emissions Trading System (ETS) and the bloc's carbon market and energy taxation directive, which establishes minimum tax rates on electricity, should be revised.
Meanwhile, the head of Poland's governing Law and Justice (PiS) party said events since EU Member States agreed the Fit for 55 legislation in July had changed, and it was no longer acceptable.
"We agreed to some solutions because in return we negotiated, for example, funds that are of great importance to our country. Let me be completely clear. I think that when it comes to climate issues, reality quickly repudiates different theses," Kaczyński said in an interview, quoted by S&P Global, with the pro-government weekly, Gazeta Polska, published on Wednesday.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
