EU edges toward 2018 start date for carbon reform
16 Feb 2015

European Union politicians are expected to agree on a compromise 2018 start date for reforms to the Emissions Trading System to try to bridge divisions over efforts to prop up the world's biggest carbon market.
To try to boost carbon prices and spur industry to switch to greener energy, the European Commission has proposed a plan to remove hundreds of millions of surplus carbon allowances (EUAs) from the trading system from 2021.
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