EU carbon trading system needs major overhaul: Deutsche Bank - Electric Power | Platts News Article & Story
The EU Emissions Trading System needs fundamental reform if it is to be capable of sending a long-term price signal for low carbon energy investment, Deutsche Bank said in a report Friday. Europe's flagship policy tool to combat climate change not only needs adjusting to cope with an oversupply of carbon allowances, but also requires a structural overhaul to make it fit for purpose, Deutsche Bank commodities research director Mark Lewis said in the report.
13 Apr 2012 19:40
Legal challenges to California’s cap-and-trade program are unlikely to delay the start of compliance…