Lawmaker from major EU party proposes to raise LRF, delete Article 6 fallback mechanism
Attributed to Carbon Pulse. EcoFinance is not independently verifying these facts. Information only — not investment advice.
https://carbon-pulse.com/555158/
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Socialists and Democrats (S&D) MEP Bruno Tobback has proposed increasing the annual Linear Reduction Factor (LRF) for the EU ETS and deleting a fallback mechanism linked to the use of international carbon credits, as part of proposed amendments to a European Parliament committee opinion.
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