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Lead EU carbon policymaker calls for end to UK price floor to help steel

2016-04-05 15:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: BRUSSELS Britain should abolish its carbon floor price to help the hard-hit steel industry, the lawmaker shepherding a reform of the EU Emissions Trading System (ETS) through parliament said on Tuesday. With the British government looking for ways to save jobs threatened by the sale of Indian firm Tata Steel's British plants, Scottish Conservative Ian Duncan said repealing the carbon floor was one of the few tools available to it. "The carbon floor price must go," Duncan said, adding he would...

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Category:Electronics and Electrical

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