European Market for CO2 Emissions Divides Industry in Response to the Brussels Review

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The European CO2 emissions market is once again at the heart of the European Union’s political and economic debate after 80 major Nordic companies and investors have publicly called on Brussels not to weaken the current ETS system. Signatories include industrial and financial giants such as Volvo Cars, Nokia, Ørsted, Nordea, Electrolux, Neste and Vattenfall, companies that consider the emissions trading system to be a key element in accelerating…