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Carbon price corridor system could fix Europe ETS: French committee

2016-06-13 09:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A carbon price corridor mechanism with floor and ceiling prices, and an auction system, could help fix the European Emissions Trading System (ETS), in which prices have tumbled due to a glut of permits, according to a proposal by a French committee. The mechanism is one of several that is expected to be put forward by the government-appointed committee headed by Engie's Chairman and former Chief Executive Officer Gerard Mestrallet, to review European carbon pricing. France, which currently...

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