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Emissions trading scheme: EU committee passes 'rescue' reforms

2013-02-19 17:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Reforms aimed at rescuing the European Union's landmark carbon-cutting mechanism, the emissions trading scheme (ETS), are back on track after attacks from business lobbyists and Conservatives. A key committee of the European parliament judged in favour of the reforms on Tuesday, meaning that they will move on to be debated by the whole parliament, probably in April. However, it was unclear on Tuesday whether there would be an additional stage of scrutiny before the parliamentary vote, during which...

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