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EU Parliament votes to retain free CO2 quotas for industry


The European Parliament has rejected proposals to phase out free CO2 pollution credits for industries covered by the EU’s Emissions Trading System (EU ETS), even as the bloc plans to gradually replace the scheme with a carbon levy at its border.
The move came as lawmakers voted on Tuesday evening (9 March) on plans to impose a carbon charge on imports of goods coming into the European Union, as a way to shield EU industries from environmental dumping.
Although the vote does not introduce new legal obligations for companies – a formal proposal on the EU’s border levy is expected in June – it reflected deep divisions within the EU assembly. ....

Pascal Canfin , Frans Timmermans , European Union , European Parliament , European Commission , World Trade Organisation , Trading System , Fertilizers Europe , Emissions Trading , பாஸ்கல் காணபின் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய பாராளுமன்றம் , ஐரோப்பிய தரகு , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , வர்த்தக அமைப்பு , உரங்கள் யூரோப் , உமிழ்வு வர்த்தக ,