EU and Switzerland move closer to linking carbon markets

By Staff reporter 16 August 2017

The European Commission has adopted two proposals to finalise an agreement with Switzerland on linking the EU’s Emissions Trading System (ETS) with the Swiss version of the scheme, the commission said on Wednesday.

Once the agreement takes effect, participants in the EU ETS will be able to use credits from the Swiss system for compliance, and vice versa. Negotiations between the commission and Switzerland on linking carbon markets opened in 2010. An agreement was initialled in January 2016 but was put on hold following the Swiss...

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