Energy splits the EU; the summit does not reach a deal
Eastern European countries against the ETSDO
17 December, 22:18The President of the European Council, Charles Michel, announced the failure. He said there was "a long debate on a critical issue for citizens and businesses among the leaders. But 'we had to see that the differences on the table made it impossible to adopt a joint statement on energy. So we will come back to this issue in a next Council'.
As predicted on the eve of the summit, the energy dossier proved to be highly divisive. Eastern European countries, with Poland in the lead, accuse the ETS system - the one at the basis of the emissions market - of not only being subject to excessive speculation but also of creating improper difficulties for the economic system, especially in the light of the measures that will have to be taken to combat climate change.
Energy, a sector entailing substantial economic interests, is crucial, and no one wants to give up his priorities. Even German Chancellor Olaf Scholz, making his debut at a European summit during a press conference alongside French President Emmanuel Macron, admitted that the two countries have "divergent stances." (ANSA).