US EditionColumbia Group welcomes U.K.-EU alignment on ETS, but …
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Columbia Group welcomes U.K.-EU alignment on ETS, but …
Columbia Group says that it welcomes a UK government announcement that it isto link its emission trading system with the EU and is urging other countries to follow suit,but warns that linking emissions trading schemes does not guarantee emissions reductions. The recent move to join the U.K. ETS with the EU has resulted in an 8% rise to carbon prices, but Philippos Ioulianou, managing director of Columbia Group’s EmissionLink, says this will be a…
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