Home > Environment > MEPs to take step towards supporting carbon price | guardian.co.uk

MEPs to take step towards supporting carbon price | guardian.co.uk

European politicians are expected on Tuesday to vote through an amendment that could pave the way for direct intervention in the EU carbon market, which has sunk to record lows.

Businesses and environmentalists have heaped pressure on the European Commission to bolster the EU Emissions Trading Scheme. The bloc’s flagship tool for cutting carbon emissions greatly suffered under the burden of a sovereign debt crisis and oversupply, which the amendment would seek to address by reducing availability of allowances.

For more on this story, visit: MEPs to take step towards supporting carbon price | Environment | guardian.co.uk.

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