Tuesday, October 30, 2012

Temporary fix to ETS a "no brainer": EU climate boss

Reuters: A temporary fix to the EU's Emissions Trading Scheme (ETS) is "a no brainer", EU climate chief Connie Hedegaard said on Tuesday, and reiterated her plea for political agreement on the issue before the year-end. The Commission is expected in November to publish plans to bolster the ETS, which earlier this year saw allowances collapse to a record low, far below the levels needed to spur green energy, chiefly because of a surplus of allowances generated by recession. On Tuesday allowances were...

URL: http://www.reuters.com/article/2012/10/30/us-eu-hedegaard-idUSBRE89T17920121030?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29

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