EU’s Groote Seeks Single Parliament Vote on Carbon Next Month
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The European Parliament may decide on a draft law to help boost prices in the European Union’s carbon market in a single vote next month, according to a proposal by the head of the assembly’s environment committee.
Matthias Groote said that an accord by governments on the draft plan yesterday speeds up the process by eliminating the need to reconcile the final wording in negotiations with the assembly, according to a letter sent to parliament president, Martin Schulz. The emergency fix for the carbon market would enable temporary curbs on the supply of emission permits.