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EU should scrap, replace emissions trading system: Supergrid head

Posted on 20 March 2013

EU policy-makers should scrap the Emissions Trading System and replace it with new binding long-term targets for specific clean energy technologies and boost interconnection, Eddie O’Connor, president of the Friends of the Supergrid said Tuesday.
Friends of the Supergrid is a group of energy companies, power grid operators and renewable energy equipment manufacturers that proposes linking offshore wind farms in the North and Baltic Seas to form the basis of a new pan-European power grid. O’Connor, who is also chief executive of Irish generator Mainstream Renewable Power, was addressing the group’s annual conference in Brussels………………………………………..Full Article: Source


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