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EU Commission urges swift action to support carbon market

2013-01-21 12:49:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The European Commission on Monday called on member states and the European parliament to agree urgently on a plan to support the carbon market. Provided the proposal to withdraw temporarily some of the surplus of permits on the EU Emissions Trading Scheme (ETS) is supported, the Commission could begin holding back carbon allowances in the first carbon permits auctions after the August recess. "I urge the member states and the European Parliament to act swiftly and with determination," Commission...

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