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EU Lawmakers Seek Limits on Carbon Fix Should Block Attempt Fail

2013-05-29 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Lawmakers from the biggest group in the European Parliament are seeking to restrict a proposed carbon-market fix should their attempt to block the stopgap measure fail, according to a document obtained by Bloomberg News. The European Union may delay the sales of no more than 900 million carbon allowances to reduce oversupply in the EU emissions-trading system and may intervene only once until 2020, according to an amendment to the carbon-market rescue plan proposed by three members of the European...

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