European Parliament backs reform of EU carbon market

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The European Parliament voted on Tuesday to approve sweeping reforms to the European Union's carbon market, which are expected to hike the cost of polluting in Europe in the coming years and cut CO2 emissions faster.

The reforms would cut the supply of carbon permits in the market faster than planned, phase out free permits for industries by 2034 and gradually bring the shipping sector into the carbon market,

starting in 2024.The reforms were agreed by negotiators from the European Parliament and EU countries last year. They still need final approval from EU countries, due in the next few weeks, to enter into force.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The new growing swathe of extreme right wing governments will not comply. Once France falls it is over.

I bet this ends in another boom for carbon market scammers

Suicide in action. Is there a crisis hotline the EU can call to get some sanity?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fox News and Dominion trial delayed until Tuesday: What to know | CNN BusinessA trial in a defamation suit brought against Fox News by Dominion Voting Systems is set to begin this week. It could have significant ramifications for the right-wing cable channel. So you have time to comment on Hunter Laptop. Also Anthony Weiners laptop. Also manifesto of Trans shooter of Christian children /adults. Also why Bidan never went to East Palestine. Also Tara Reade. Also 9/11. Also OK City bombing. Great! Thanks! 🤔 What the heck does dominos have to do with Fox News?
Source: CNN - 🏆 4. / 95 Read more »