EU to Present Detailed Plan to Curb CO2 Oversupply on Nov. 14
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The European Union’s regulatory arm said it will present next month a detailed proposal to curb oversupply on the carbon market, rebutting speculation it may delay the plan.
“The European Commission will present the tailor-made and proportionate impact assessment as well as the necessary details of the proposal on 14 November so that member states can take a decision before year-end,” Isaac Valero-Ladron, the climate spokesman for the commission, said by e-mail today.