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EU should end carbon trading, environmentalists say

Posted on 19 February 2013

More than 75 environmental organizations on Monday urged the European Parliament to end the European Union’s Emissions Trading Scheme, launched seven years ago as a market-oriented way of reducing pollution and greenhouse gases.
The parliament is due to vote Tuesday on a plan by the European Commission to overhaul the ETS with the aim of reversing the trend that has seen the price of carbon permits plummet 75 percent in the last five years…………………………………….Full Article: Source


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