EU CO2 Market Eyes Assurance as Ministers to Discuss Fix
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Investors in Europe’s 54 billion-euro ($70 billion) carbon market will be looking at the bloc’s ministers meeting in Dublin this week for assurances that governments will try to keep alive a plan to bolster prices.
Environment ministers from the 27 nations in the European Union gather today to start their informal bi-annual meeting, which takes place less than a week after the European Parliament declined to support a rescue plan for the EU emissions-trading system, the pillar of the EU’s climate policy. They will discuss policies for 2030 at a joint working lunch tomorrow with national energy chiefs, who are scheduled to arrive in the Irish capital for a separate meeting.