Tuesday, July 10, 2012

Quick fix to EU carbon scheme expected in weeks

Reuters: A planned quick fix to the European Union's Emissions Trading Scheme is expected to emerge over the coming weeks as a first step to the deeper reforms urgently sought by environmental and some business campaigners. The European Commission has yet to confirm the date when it will publish details of a review of the EU ETS, including delaying the auction of some allowances to reduce a huge surplus that has kicked carbon prices down to record lows. It has said only that the intention is to release...

URL: http://www.reuters.com/article/2012/07/09/us-eu-ets-idUSBRE8680KW20120709

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