Parliament approves measures to support carbon permit prices Event
Timestamp
- time of event
- 2013-12-10
Definitions
de
Am 10. Dezember 2013 stimmte das Europäische Parlament der Reform des Emissionshandels zu. Damit sollen ab dem Jahr 2014 900 Million Zertifikate temporär aus dem Emissionshandelsmarkt herausgenommen werden.
en
On 10 December 2013, the European Parliament approved the plan to freeze the auctioning of a portion of the current glut of CO2 permits to boost their price and encourage firms to invest in low-carbon innovation. The measures, amended by the EP in July to set stricter conditions for the freeze, are intended to restore the incentive effect of the Emissions Trading System, which is designed to curb CO2 emissions.
