EU divisions on post-2020 ambitions of carbon market

October 3, 2016 by Billy Hamshaw

(Source: Bloomberg) European Parliament lawmakers presented differing visions for Europe’s carbon-market reform in a signal to investors that an overhaul of the ailing cap-and-trade program after 2020 will likely require months of further political bargaining. Members of the assembly’s environment committee commented on some of the more than 700 amendments submitted to a proposal put forward by the European Commission last year, before nations across the world reached in December in Paris the most sweeping deal so far to combat climate change. Read full article…

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