At a meeting of the committee on industry and energy (ITRE) of the European Parliament, in Brussels on Thursday 13 October, the four largest political groups (EPP, S&D, ECR and ALDE) agreed to make the post-2020 structural reform of the emissions quotas trading system (ETS) more protective of industries at a risk of carbon drain, and more favourable to supporting innovation in low-carbon technologies (see EUROPE 11644).
In a vote at the ITRE committee, the consensus emerged on a compromise...