Europe eyes ambitious restructure
8 Mar 2013

Five weeks after voting down the ‘backloading’ (or withholding) of allowances to raise carbon prices, the European Parliament’s industry committee is proposing two far-more ambitious structural measures.
MEPs will vote next week on a non-binding but hard-hitting report on the EU’s Energy Roadmap 2050, which calls for the EU to limit the amount of carbon allowances in the EU’s Emissions Trading System, and to consider implementing a carbon price floor.
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