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Talks to revamp EU's ETS may leave massive allowance surplus in 2025, think tank says

( September 15, 2017, 09:08 GMT | Official Statement) -- MLex Summary: The think tank Sandbag has released an analysis of the current state of negotiations to overhaul the EU's Emissions Trading System, finding that lawmakers seem to be heading toward a low-ambition outcome that would be unlikely to raise the price of carbon sufficiently in the near future, and would fail to motivate companies to stop burning coal.Official statement follows:...

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