Saturday, February 23, 2013

EU’s Attempt to Curb Carbon Emissions Limps On

Climate News Network: The European Union's failing carbon market has been thrown a lifeline by the European Parliament's Environment Committee. It has backed the Commission's plan to prop up the price of a ton of carbon by withdrawing an oversupply of credits from the market. Carbon trading is one of the major EU policies designed to combat climate change. But a combination of successful lobbying by industry bodies, political interference and lack of economic growth has brought the scheme close to collapse, so that...

URL: http://www.climatecentral.org/news/eus-attempt-to-curb-carbon-emissions-limps-on-15643?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+climatecentral%2FdjOO+Climate+Central+-+Full+Feed
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