February seen as crunch time for the EU ETS

Carbon price could soar by 2020, but traders bearish short-term as EU votes on final package

EU emissions

The fate of the ailing European Union emissions trading scheme (EU ETS) could be decided this month as the European Parliament votes on a series of ambitious proposals designed to shore up the world’s largest carbon market.

The wide-ranging reforms, put forward by Parliament’s Environment Committee (Envi) on December 15, are part of a review of the fourth phase (2021–30) of the EU ETS. More strident than the European Commission’s earlier proposals, they aim to strengthen the carbon market in a

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