Brussels, 27/07/2012 (Agence Europe) - The EU emissions trading system (ETS) must remain a cost-effective tool for reducing CO2 emissions not worsen the crisis by increasing the uncertainty of investors, the cost of carbon and electricity prices, warned Eurometaux, the European Association of Metals. Eurometaux believes the proposal for the short-term reform of the ETS presented by the Commission on 25 July to increase the carbon price (see EUROPE 10663) will “clearly be to the detriment...