BERLIN – E.ON AG (EOAN.XE) said Friday the European Union's carbon dioxide emissions trade needs to be "revitalized" and called for a harmonization of the diverse set of rules amongst the individual EU member states. "The Emissions Trading Scheme is crushed under the weight of member-state dirigisme, a sad remnant of what was once hoped to be a decisive marked-based policy mechanism," Johannes Teyssen, chief executive of Germany's largest energy utility by market value, told reporters at a press briefing in Berlin.
Saturday, March 24, 2012
E.ON: EU's CO2 Trade Needs To Be "Revitalized"
BERLIN – E.ON AG (EOAN.XE) said Friday the European Union's carbon dioxide emissions trade needs to be "revitalized" and called for a harmonization of the diverse set of rules amongst the individual EU member states. "The Emissions Trading Scheme is crushed under the weight of member-state dirigisme, a sad remnant of what was once hoped to be a decisive marked-based policy mechanism," Johannes Teyssen, chief executive of Germany's largest energy utility by market value, told reporters at a press briefing in Berlin.
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