EU tables free carbon permit proposal for heavy industries

The European Commission (EC) stated in a new proposal tabled on 5 May 2014 that most of Europe's heavy industries should keep receiving free carbon permits to help them compete in global markets.

The EC proposed that 175 industry sectors out of the 245 in total that it assessed should be entitled to get most of their allowances for free over 2015-2019 to help meet obligations under the EU's Emissions Trading System (ETS).

• Primary Source

ESO: Background information: Europe opts for ‘auto-backload’ of carbon markets http://www.europeansources.info/record/europe-opts-for-auto-backload-of-carbon-markets/

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