Brussels, 15/04/2013 (Agence Europe) - On the eve of the European Parliament's vote on the proposed short-term reform of the EU's emissions quotas trading system (ETS), three environmental NGOs have urged the European Parliament to approve the reform, which aims to halt the over-allocation of quotas temporarily as a prerequisite to save the carbon market, but also the climate policy of the EU (see EUROPE 10820 and 10813).
Postponing the auctioning of 900 million CO2 quotas...