MEP outlines plans for EU carbon trading

Rapporteur Moreira da Silva favours reducing national flexibility to set caps, allocate permits

The European parliament's likely starting point for debate on an EU cap-and-trade mechanism to reduce industrial carbon dioxide emissions became clearer today when rapporteur MEP Jorge Moreira da Silva outlined his provisional position.

Speaking at a conference in Brussels organised by sustainable energy business association E5, Mr da Silva said he would urge the parliament to push for a more centralised trading scheme than proposed by the European Commission. If carried though the assembly, his stance could create serious conflict with EU governments.

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