Bloomberg: The European Parliament will consider enabling faster carbon reductions in Europes emissions market after an assessment in 2023, the strongest signal to date that a global climate deal may prompt tougher caps on companies.
Ian Duncan, the European Union assemblys lead lawmaker on a reform of the worlds biggest cap-and-trade program, made the proposal in a draft report that kicks off legislative work on the post-2020 overhaul. The law, proposed to adjust the Emissions Trading System to EU climate...