15.01.2015 - European lawmakers torn over how early to begin carbon market reform
European politicians meeting on Wednesday ahead of a critical vote next week on reforming the European Carbon market were unable to agree on a single date, putting forward both 2017 and 2019 as deadlines to begin action. The EU's Emissions Trading System is the bloc's flagship policy to cut greenhouse gas emissions by charging for the right to emit carbon dioxide, but weak economic growth across Europe has cut industrial production and energy demand, creating a glut of more than 2 billion permits...............................................Full Article: Source
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