EU May Decide on Carbon Reform by Mid-2015, Delbeke Says
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European Union policy makers may reach a decision in the first half of next year on a proposal to strenthen the world’s biggest emissions market by curbing oversupply, according to a senior EU official.
EU governments and the European Parliament are unlikely to finish work on the reform proposed by the European Commission before the end of this year, said Jos Delbeke, director general for climate at the EU’s regulatory arm. The starting date of the overhaul is set to be one of the main sticking points after the German government today announced it will seek the beginning of supply controls in 2017, four years earlier than proposed by the commission.