| Britain said it wants deeper reforms to the EU Emissions Trading System than those proposed by the European Commission and Germany, favouring cancelling a "significant number" of carbon permits over launching a tool to regulate market supply.
In a report detailing its vision for the fourth phase of the EU ETS, which will run from 2021 to 2030, Britain said major changes to the system are needed to help businesses cut their greenhouse gas emissions, to protect them from foreign competitors, and to foster investment in low-carbon technology...............................................Full Article: Source |