Caspian Energy Journal Caspian European Club
Friday, 17 February 2017 18:30

Number of “carbon credits” to be reduced

Number of “carbon credits” to  be reduced

The European Parliament has backed the plans to boost greenhouse-gas emission curbs through the EU carbon market (EU ETS), under which it is proposed to reduce the number of “carbon credits” (emission allowances) by 2.2% each year, and double the capacity of the 2019 market stability reserve (MSR) to absorb the excess of allowances on the market, Caspian Energy News ( reports with reference to the press statement of the European Parliament.

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Person in charge of the newsline: Jeyhun Bayramov

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