|Joint statement Energy and Environment Ministers from nine European member states of 7 May 2013|
|Wednesday, 08 May 2013 10:06|
The EU Parliament's environment committee's second vote on a draft law to prop up EU carbon prices is scheduled for June 19 before a vote in the full assembly in July.
The joint statement Energy and Environment Ministers from nine European member states of 7 May 2013 stressed they want to see this year to reform the EU's Emissions Trading System (ETS) to ensure it remains at the forefront of EU policies to combat climate change and drive low carbon investments.
Emissions-EUETS.com remains skeptical on the reasons for backloading intervention (see 'Why EU ETS does not apply auction purchase limit and holding limit'), given, among many other risks, the speculative potential of the initiative).