21.01.2015 - EU Parliament’s Biggest Group Withdraws Early Carbon-Fix Offer
The European Parliament’s largest political group withdrew a draft compromise on advancing a remedy for Europe’s carbon market to 2019 after its proposal failed to win broad support Monday in the legislature’s industry committee. The European People’s Party opted Tuesday to form a coalition with the European Conservatives and Reformists group that will push to introduce the so-called carbon-market stability reserve in 2021, in line with the European Commission’s original proposal last year. A coalition of four other groups in the committee wants to bring the emissions fix forward by four years in a vote on Jan. 22...............................................Full Article: Source
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