21 mei 2013

Emissions trading scheme could be oversupplied until 2024

2012-06-13 | Source: BusinessGreen |

The oversupply of credits in the EU's emissions trading scheme (EU ETS) looks likely to continue until 2024 unless policy-makers introduce deeper carbon reduction targets and permanently remove excess permits from the system.

A surplus of around 1.42 billion emission allowances is predicted by the end of the decade in a report prepared by the Oko-Insitut for campaign groups WWF and Greenpeace and published yesterday to coincide with a meeting of EU environment ministers in Luxembourg.

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