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Report: EU Emissions Trading System is becoming an 'anti-climate policy'
2013-06-25 13:20:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The European Union's carbon trading scheme has delivered a price of carbon that is so low that it risks becoming an "anti-climate policy", cancelling out hundreds of millions of tonnes of emissions savings from other green schemes. That is the stark warning of a new report launched today by the campaign group Sandbag, which calls on the European Commission to urgently reform the flailing EU Emissions Trading System (ETS) by deleting at least 1.7 billion surplus allowances that have caused the...
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Category:Electronics and Electrical