Friday, July 17
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Topic: carbon-market

Cooling towers and stacks at a power station
New Economy
Friday, 7/17, 07:31 PM

Europe's Carbon Market Faces a Push to Weaken It

  • The EU's carbon market, its single most effective tool for cutting emissions, is at the center of a fight.
  • A new European Commission proposal would ease the pressure on heavy industry, and climate campaigners warn that softening the system would slow emissions cuts.
  • Industry and some governments say the current rules are becoming too costly to bear.

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