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Carbon price floor to be considered in emissions-trading revamp, EU climate official says

By Giulia Bedini ( November 23, 2020, 16:26 GMT | Insight) -- A minimum carbon price will be considered as part of plans to revamp the EU’s Emissions Trading System, an official from the European Commission's climate department said today. EU officials are contemplating an overhaul of the cap-and-trade program to both tighten it and potentially expand it to sectors currently excluded, notably shipping, buildings and road transport. Legislative proposals are expected next June.A minimum carbon price will be considered as part of plans to revamp the EU’s Emissions Trading System, an official from the European Commission's climate department said today....

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