eu parliament backs draft carbon trading reforms
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

EU parliament backs draft carbon trading reforms

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice EU parliament backs draft carbon trading reforms

A carbon trading system puts a cap on the amount of carbon dioxide allowed to be emitted by large factories and other companies
Strasbourg - AFP

The European Parliament on Wednesday adopted draft reforms of Europe's carbon market after 2021, a key step in reaching the bloc's climate change goals.

The European Commission published its reform plans in July 2015 for the EU's Emissions Trading System (ETS), the world's largest.

Ivo Belet, climate spokesman for the centre-right European People's party, said the "balanced" reforms would help the EU meet the Paris climate change targets, agreed at a landmark conference in December 2015.

The carbon trading system puts a cap on the amount of carbon dioxide allowed to be emitted by large factories and other companies.

The firms can trade in quotas of these emissions -- the idea being to provide a carrot to improve energy efficiency or switch to cleaner sources so that they keep within the ceiling.

MEPs however insisted on a more ambitious scheme than that proposed by the commission, the executive arm of the 28-nation EU.

The parliament in particular wants to cut 800 million emissions quotas in 2021, under an emergency mechanism that had been reserved for "market stability".

Under the Paris climate deal, the EU plans to cut greenhouse gas emissions by 40 percent by 2030, compared against 1990 levels and make renewable energy account for 27 percent of energy use.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu parliament backs draft carbon trading reforms eu parliament backs draft carbon trading reforms

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu parliament backs draft carbon trading reforms eu parliament backs draft carbon trading reforms

 



GMT 13:06 2012 Thursday ,14 June

Steady rise in temperature forecast in UAE

GMT 17:11 2016 Wednesday ,20 April

Hamdallah, Singapore Prime Minister meet

GMT 18:41 2017 Wednesday ,02 August

Bangladesh separates conjoined twins in rare surgery

GMT 00:59 2017 Monday ,20 February

Rousseff urges vote against impeachment

GMT 07:11 2018 Thursday ,18 January

Germany loans Lithuania 'birth certificate'

GMT 15:00 2017 Monday ,18 September

National Pavilion UAE’s Venice Internship now open

GMT 10:36 2017 Sunday ,31 December

Swimming with whale sharks in Mexico

GMT 15:02 2017 Wednesday ,22 February

5 Natural home remedies to stop hair loss

GMT 07:42 2017 Wednesday ,26 July

Khalid 5 football tournament launched

GMT 07:22 2017 Tuesday ,05 December

Mario Centeno, the 'Ronaldo' of the eurozone

GMT 12:51 2017 Monday ,08 May

Tadweer launches second e-Services edition

GMT 06:51 2017 Monday ,23 October

Electricity Minister receives German ambassador

GMT 12:24 2017 Tuesday ,17 October

Underlines importance of reconciliation

GMT 06:08 2014 Friday ,15 August

UN vote Friday on measure to weaken Iraq Islamists

GMT 14:43 2013 Tuesday ,04 June

British Council launches new global English exam

GMT 11:45 2013 Wednesday ,17 April

Syria photograph wins Pulitzer

GMT 02:39 2016 Friday ,04 November

Singaporean president visits Giza pyramids plateau
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice