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European parliament approves reform of carbon market
08 July 2015The European parliament has voted decisively to approve a reform of the EU's pioneering emissions trading system (ETS) that is designed to make the market more resilient to external shocks.
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ETS reform could see carbon price treble by 2020, say analysts
06 May 2015The price of EU emission allowances (EUAs) could rise to more than €20 ($22.5) by 2020 from their current level of about €7.5, as a result of an agreement to curb the excess supply of allowances, analysts said.
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Business welcomes EU Parliament vote on carbon market reform
25 February 2015Industry and investor groups have welcomed yesterday's vote by the EU Parliament's environment committee to introduce a 'Market Stability Reserve' (MSR) into the EU Emissions Trading System (ETS) in 2018.
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Investors and businesses lobby for early EU ETS reform
25 October 2013A group of 53 businesses, investors and trade associations has called on the European Commission to bring forward, to the end of this year, draft legislation to reform the beleaguered EU Emissions Trading System (ETS).
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Uncertainty over EU ETS backloading 'deal'
13 June 2013European carbon market observers are questioning the strength of a compromise text to delay the sale of millions of emissions allowances, not even 24 hours after the deal was reached.