EC unveils changes to Emissions Trading System

The European Commission has unveiled plans to revise the EU Emissions Trading System.
The measures are part of the EC’s Energy Union strategy and are designed to ensure that Europe meets its decarbonisation targets.
Included in the changes to the EU ETS is the setting up of a fund to help the EU’s poorer countries finance their decarbonisation schemes, and another fund to back the development of renewables and carbon capture and storage.

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