An EU directive forming a central plank of the Union's drive to cut greenhouse gas emissions became law on 25 October when it was published in the Official Journal. The directive establishes a scheme under which each member state, as well as the accession countries and Norway, will receive an allocation of tradable emission allowances.
The directive has been hard fought but a political compromise was finally reached when MEPs voted in Strasbourg in July (EED 02/07/03).
Please enter your details
Not a subscriber?
Take a free trial now to discover the critical insights and updates our coverage offers subscribers.