France, Nov. 13 -- The scheme - the EU Emissions Trading System, known as ETS2 - which would set an EU-wide price on carbon emissions from petrol, diesel and heating fuels, was originally due to begin in 2027 but has been postponed to 2028.

In a letter to European Commission President Ursula von der Leyen, Merz rejected further changes or delays.

"I am counting on the European Commission to stay the course on emissions trading and thereby give European companies and households planning certainty," he wrote, according to German weekly Der Spiegel.

Merz said that the issue was not merely about climate policy but "about the future of industry in Germany and Europe".

However, according to Wolfgang Grosse Entrup, CEO of Germany's chemical ...