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EU institutions should focus on renewable energy, decarbonization, EWEA says

( July 8, 2015, 11:21 GMT | Official Statement) -- MLex Summary: The European Wind Energy Association has called for the EU Emissions Trading System to focus on modernizing energy systems through more renewable energy integration and decarbonization. The ETS should stimulate a higher price on carbon, as well as other regulations that would drive fossil-fuel-dependent countries toward renewable energies. The European Investment Bank should be given a role to choose which projects are funded, while still applying the bank’s lending criteria and emissions performance standard, the EWEA said.Full statement follows:...

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