EU emissions trading law enters into force

Implementation race begins for central plank of European Union drive to cut greenhouse gases

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).

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