SECTORAL POLICIES / (ae) ets

Room for improvement, says Court of Auditors

Brussels, 02/07/2015 (Agence Europe) - Between 2008 and 2012, the European Commission and the member states did not adequately manage all aspects of the EU emissions trading system (EU ETS), which was set up by Directive 2003/87/EC, says the European Court of Auditors in a report published on 2 July.

Since it was put in place in 2005, the EU ETS, the flagship market instrument of the EU's climate policy to reduce greenhouse gas emissions at as low a cost as possible, has certainly seen...