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European People's Party won't oppose fast-track carbon market supply cut

2014-02-04 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The European People's Party (EPP), the biggest grouping in the European Parliament, does not intend to oppose a fast-track plan to prop up carbon prices, an EPP official said on Monday. EPP members in a cross-party industry committee met last week and decided not to object to shortening the scrutiny period of the so-called backloading plan to the parliament's Conference of Committee Chairs (CoCC) on Tuesday, the official said. A shorter scrutiny period would make it possible for the European...

Tags: market party supply cut

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