Reuters: A carbon price corridor mechanism with floor and ceiling prices, and an auction system, could help fix the European Emissions Trading System (ETS), in which prices have tumbled due to a glut of permits, according to a proposal by a French committee.
The mechanism is one of several that is expected to be put forward by the government-appointed committee headed by Engie's Chairman and former Chief Executive Officer Gerard Mestrallet, to review European carbon pricing.
France, which currently...