Consultation on the EU Commission’s proposals to amend the EU Emissions Trading System
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DEFRA are inviting views and comments on the EU Commission’s proposed amendments to the EU Emissions Trading System, published as a package on 23 January 2008 with proposals for ways of tackling climate change and delivering a low carbon economy in Europe. The proposals include the ability for smaller combustion installations to be able to opt out of the scheme and expanding the scheme to with new sectors and gasses to be covered.The EU Emissions Trading Scheme is a Europe wide scheme which puts a price on the carbon that businesses use and creates a market for carbon. It has been in place since 2005 and is the first scheme of its kind in the world.
The consultation will close on 30 July 2008.
Further information about the consultation is available from:
http://www.defra.gov.uk/corporate/consult/euets-2013amendments/
Source: http://www.defra.gov.uk/ (accessed 05/06/08)