29.04.2016 - EU High Court Rules Against Businesses on Carbon Credits
European Court of Justice rules EU gave out too may allowances when it expanded the emissions program in 2013. The European Union’s highest court on Thursday ordered the European Commission to adjust its emissions-trading program in a way that could raise costs for some of the bloc’s biggest companies. The European Court of Justice ruling reinforced the EU’s efforts to more aggressively cap carbon-dioxide emissions in the years to come, following a landmark agreement in Paris last year among world leaders to address climate change...............................................Full Article: Source
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