EU carbon trading system not delivering investment, claim MPs

A collapse in the price of carbon has meant that “vital” investment in renewables is not being delivered by the EU’s Emissions Trading System, MPs have warned today (February 8).

A report by the Environmental Audit Committee calls for a minimum carbon price of at least €100 (£88) per tonne of carbon dioxide in order to drive urgently needed investment in green technologies and energy efficiency.

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Posted on February 10, 2010 · in Europe

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