Brussels, 08/11/2013 (Agence Europe) - The draft short-term reform of the EU's carbon trading system, ETS, which has been in deadlock for months, was given new life on Friday 8 November when the member state representatives on Coreper voted for it.
Coreper finally decided in favour of the draft regulation to backload (postpone) the quotas by temporarily removing 900 million excess quotas from the carbon market at the start of the third trading period (2013-2015) in order to boost trading...