Thu, Aug 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

Brussels restricts policy to emission reduction and trading

Posted on 31 January 2014

The European Commission’s 2030 climate and energy package unveiled on 22 January confines itself to two main proposals: a 40% binding greenhouse gas emission reduction target and legislative reform of the EU Emission Trading Scheme.
Significantly, it does not include post-2020 national renewable energy targets or new energy efficiency targets. It also drops the fuel quality directive which underpins the use of biofuels in the transport sector. The upshot of the proposals, if adopted by the EU Member States and the European Parliament, is that the EU’s climate policy will in future be carried out almost exclusively through the Emission Trading Scheme coupled with national emission reduction targets. The days of micromanagement from Brussels are over………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36545 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31