European utilities have reacted positively to key reforms agreed this week to the EU’s Emissions Trading System (ETS).
Eurelectric – which represents many of Europe’s largest power companies – said the reforms were “an important signal of the EU’s commitment to address the toxic oversupply of allowances”.
“Investors across Europe have received the much needed legal clarity that will enable them to take better informed decisions on low-carbon investments,” said Eurelectric Secretary General Kristian Ruby in a statement. “The deal sends a timely message of EU climate...
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