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Surplus carbon permits should be permanently removed from market, says lobby group

( January 23, 2014, 16:33 GMT | Official Statement) -- MLex Summary: Environmental lobby group Sandbag has welcomed a proposal from the European Commission to overhaul the EU's emissions trading system. Sandbag says this is the best way to help the EU achieve emission-reduction goals at lowest cost. But the group says unless a large surplus of permits is permanently removed from the world's largest carbon market, post-2020 emission goals will be at risk.Full statement follows:...

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