European Parliament vote on carbon market reforms seen as bullish

Energy traders welcome reforms seen as shoring up ailing EU carbon market

Power plant carbon emissions
Higher price could cause firms to lower their emissions by investing in new technology

A package of ambitious reforms designed to shore up the European Union emissions trading scheme (EU ETS) was approved by the European Parliament on Wednesday (February 15), offering a lifeline to the ailing carbon market, say analysts.

While the vote slightly watered down the strident proposals put forward by Parliament’s Environment Committee (Envi) on December 15, the final position is considerably more bullish for the market than the European Commission’s earlier proposals, analysts say. 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: