ETS cap plea - Brussels-based industry association Ammonia Europe on Thursday called for the EU to slow the reduction of the EU ETS cap and phase out free allowances more gradually to protect European ammonia production. In its position on the upcoming ETS review, the group also proposed a crisis mechanism to release additional EUAs during sharp price spikes, greater use of ETS revenues for industrial decarbonisation, and stronger support for CCS and CCU. It further backed extending the maritime ETS to vessels of 400-5,000 gross tonnes and directing shipping-related ETS revenues towards alternative fuel infrastructure and projects.