| A draft law to reform the European Union’s Emissions Trading System, by cutting the surplus of carbon credits available for trading so as to support the price, has won approval from the European Parliment’s Environment Committee.
Combustion of fossil fuels is the main cause of climate change and air pollution, according to the European Environment Agency. The Emissions Trading System is a cornerstone of EU policy to combat climate change and its key tool for cost-effectively reducing industrial emissions of carbon dioxide, CO2, the most prevalent greenhouse gas...............................................Full Article: Source
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