12.02.2013 - Carbon markets threatened if EU backload plan fails, CEPS says
Europe will struggle to convince the rest of the world that carbon trading is the best way to tackle climate change if a plan to revive the price of the regionís permits fails, said the Centre for European Policy Studies. The European Commissionís proposal to fix a glut of carbon allowances by restricting issuance must be approved, or market- based systems wonít be attractive to United Nations negotiators working on a new global climate-protection pact, Andrei Marcu, a Brussels-based adviser at CEPS, said..............................................Full Article: Source
Print