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EU votes to revamp carbon-trading program

Posted on 04 July 2013

An attempt to fix Europe’s carbon-trading program cleared a significant hurdle Wednesday as the European Parliament voted in favor of a proposed revamp, despite deep divisions within the region over energy policy.
The legislation—intended to restore financial incentives for an industrial shift away from fossil fuels and toward renewable energy—has been fiercely debated by policy makers and heads of industry since parliament rejected similar measures in April………………………………………..Full Article: Source


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