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EU's Delbeke Backs Tighter Carbon Supply Over Price Floor

2016-05-27 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The European Commission will not support a proposal to introduce a price floor or corridor in Europes emissions market and prefers supply controls to strengthen the system, according to senior European Union official Jos Delbeke. The EUs 28 national governments and the European Parliament are discussing a reform of the blocs Emissions Trading System to adjust it to stricter pollution-reduction goals for 2030. As a part of the review, France is pushing for a minimum price to boost prices the...

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