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EU carbon fix squeaks through in lucky break for Greens

2013-07-03 19:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: There's a century-old phrase often attributed to Otto von Bismarck on laws and sausages - you never want to see them made. Lawmakers in the European Parliament in a surprise move on Wednesday passed a bill that could have a bearing on how much Europe will pay for its energy over the next 40 years by forcing up the price of carbon allowances in the EU emissions trading scheme through cutting the supply of permits. But they did so only after infighting among those opposed to the measure handed the...

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