Europe’s New Anti-Green Majority Scores Huge Victory

EU Parliament Refuses To Save Its Dying Carbon Market


The European Union’s climate change policy is on the brink of collapse today after MEPs torpedoed Europe’s flagship CO2 emissions trading scheme by voting against a measure to support the price of carbon permits. The price of carbon crashed up to 45 per cent to a record-low €2.63 a metric ton, after the European Parliament rejected a proposal to change the EU emissions-trading laws to delay the sale of 900m CO2 permits on the world’s biggest carbon markets. --Bruno Waterfields, The Daily Telegraph, 16 April 2013
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