The Commission, like Europe’s states, Parliament, and industry, is known to be divided on what, if any, measures should be taken to save the depressed Emissions Trading System (ETS), which is the cornerstone of EU climate policy.
A plenary vote in Strasbourg last week rejected EU plans to ‘backload’ – or withhold – 900 million carbon allowances from auction to boost their price, which tumbled to below €3 a tonne in the aftermath.
EXCLUSIVE / The chair of the European parliament’s environment committee has called on EU Commission president José Manuel Barroso to make a public statement of support for the EU’s bloodied plan to reform the carbon market, in a hard-hitting interview with EurActiv.
European Commission
Market analysis
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Bloomberg New Energy Finance: BNEF
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Thomson Reuters: Point Carbon
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International Emissions Trading Association: IETA