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EU Parliament backs compromise proposal on backloading of ETS carbon allowances

900 million certificates withold / EU Council still has to give its blessing

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Published in issue 28/2013
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The European Parliament voted in early July to temporarily restrict the number of carbon emission permits under the EU Emission Trading Scheme (ETS). The plenary reversed a vote in April that rejected the proposal and adopted the Environment Committee‘s draft, which provides for stricter backloading rules than the ...

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