Brussels, 03/07/2013 (Agence Europe) - The EU's Emission Trading System (EU ETS) had a lucky escape when the European Parliament came to its rescue by approving, in Strasbourg on Wednesday 3 July, the amended short-term reform project of the only market instrument dedicated to combating climate change (see EUROPE 10878). The plenary session in fact supported (by 344 votes to 311, with 46 abstentions) the proposal to freeze trading of a certain quantity of surplus quotas that would, as an...