Brussels backs down over Brexit-proofing EU ETS plan, leaked draft suggests

Published 18:12 on November 20, 2017  /  Last updated at 18:26 on November 20, 2017  /  EMEA, EU ETS  /  No Comments

Brussels has backed down over its ‘Brexit-proofing’ plan that would have rendered new British carbon allowances worthless from next year, according to a leaked draft, which could reduce the chances that the post-2020 EU ETS reform bill will be blocked by a defiant UK and other member states this week.

Brussels has backed down over its ‘Brexit-proofing’ plan that would have rendered new British carbon allowances worthless from next year, according to a leaked draft, which could reduce the chances that the post-2020 EU ETS reform bill will be blocked by a defiant UK and other member states this week.

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