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A Paradigm Shift in EU Climate Policy

2013-05-02 14:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Triple Pundit: On 16 April, the European Parliament rejected a proposal to reduce supply in the European emissions trading system (EU ETS). The European carbon price crashed to never-before-seen lows immediately afterwards, reflecting just how important the Parliaments vote was. The outcome prompted The Economist to title its response article, ETS RIP? Thomson Reuters Point Carbon declared the EU ETS irrelevant as an emissions reduction tool for many years to come. Given the historic importance ascribed to...

Tags: policy shift climate paradigm

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