Tag «CO2 certificates»

EUROFER warns against Commission proposal to withhold 900 million CO2 certificates from the EU emissions trading market in 2013 to 2015

Higher energy and carbon costs will not get Europe out of its crisis “Artificially increasing the carbon price by withholding or removing allowances from the emissions trading system will undermine the competitiveness of European industries and increase the energy bill for consumers even more,” says EUROFER Director General Gordon Moffat. “This is counterproductive in times …