MEPs reject plans to cut ETS surplus

17th April 2013


The price of carbon under the EU emissions trading scheme (ETS) is likely to remain at just €3 a tonne for the foreseeable future say experts, after the European parliament refused to back plans to delay the sale of allowances

In a shock vote, MEPs have rejected the European Commission’s proposals to tackle the huge surplus of ETS credits currently depressing the price of carbon and undermining the scheme. Under the commiss

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