Reform of EU carbon trading scheme agreed
by Daniel Boffey from Environment | The Guardian on (#2E93Z)
Member states approve changes, including a12bn innovation fund, to emissions plan for cleaner technology and pollution cuts
An overhaul of the EU's flagship trading scheme for cutting carbon emissions by European industries has been approved by the member states.
The agreement to reform the emissions trading system comes after almost two years' of discussions but just two weeks after the European parliament voted in favour of a new directive.
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