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Businesses push for decisions on EU carbon scheme

Tue, 07/06/2010 - 12:25pm
Reuters

LONDON (Reuters) - The European Union is under pressure to finalize details on its emissions cap for industry from 2013, how carbon permits will be auctioned and the amount to be given to airlines when they join the EU's scheme in 2012.

Businesses say they urgently need clarity on these still undecided elements surrounding the EU's Emissions Trading Scheme, the bloc's main weapon to fight climate change, in order to minimize compliance costs in its third phase (2013-2020).

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