Climate
Change Dispatch news
|
 |
Posted: 17 Apr 2013 04:20 PM PDT
The European Union’s
climate change policy is on the brink of collapse today after MEPs torpedoed
Europe’s flagship CO2 emissions trading scheme by voting against a measure to
support the price of carbon permits. The price of carbon crashed up to 45 per
cent to a record-low €2.63 a metric ton, after the European Parliament rejected
a proposal to change the EU emissions-trading laws to delay the sale of 900m
CO2 permits on the world’s biggest carbon markets. --Bruno Waterfields, The Daily
Telegraph, 16 April 2013
Given the manifest reluctance of the
world’s big emitters to accept any legally binding carbon targets and in face
of our deepening economic crisis, Europe should undertake a comprehensive
review of its economically damaging carbon targets and — in the absence of an
international agreement — should consider the suspension of all unilateral
climate policies that threaten Europe’s economic recovery. –Benny Peiser, National
Post, 25 November 2011
"The decision means the end of a European approach to climate
policy." --Felix Matthes, Spiegel Online,
17 April 2013
