12.04.2016 - EU ETS in need of 'ambitious' revamp, MEPs warn
The European Union (EU) has been urged to revamp its Emission Trading System (ETS) to allow for free allowances to be given to the industries that need them most, even though it was revealed that struggling Tata Steel has received £700m from the ETS since 2008. The EU's Assembly of Regional and Local Representatives (CORs), has today (11 April) released a skeleton report outlining the recommended changes that should be made to the ETS in order to create "a more ambitious and forward-looking approach"...............................................Full Article: Source
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