06.10.2014 - EU Nations CO2-Fix Replies Generally Positive, Italy Says
European Union governments are “generally postive” about a proposal to create a carbon-market stability reserve, the Italian presidency of EU said. The plan, drafted by the European Commission, to create a fix for the EU emissions-trading system to help alleviate a record surplus needs a qualified majority of government votes and a majority support in the Parliament to be enacted. “Some member states see the market stability reserve as a first step of the more comprehensive ETS reform that will be needed to implement the 2030 Framework,” the Italian presidency said in an e-mailed response to questions from Bloomberg News. “This also means that further proposals or positions might be put forward in the next weeks.”..............................................Full Article: Source
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