je.st
news
Big firms say EU carbon reforms do not go far enough
2015-10-26 14:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Proposed reforms to the EU carbon market do not go far enough and need to be supplemented by a phase-out of fossil fuel subsidies, a group of major companies said in an open letter to European Union environment ministers meeting on Monday. The European Commission in July outlined its plans to bolster the Emissions Trading System (ETS), on which permits to pollute trade at around 8.5 euros per ton, seen as too little to drive a shift to lower carbon energy. Environment ministers of the 28 EU states...
Tags: big
far
enough
firms
Category:Electronics and Electrical