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Zombie carbon markets to be shocked back to life

2013-07-02 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

EurActiv: A patched-up plan to shock Europe's zombie carbon markets back to life will pass a plenary vote at the European Parliament on Wednesday (3 July), but this will only "buy time" for more fundamental reform, says the chairman of the Parliament's environment committee. "The indications are that we will win,' said German MEP Matthias Groote (Socialists and Democrats). "The proposal will be going through.' "But backloading is only an instrument to buy the necessary time to maintain the Emissions...

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