Fortum: Backloading inadequate to revitalise EU emissions trading
PRESS RELEASE 8 November 2013A directive amendment related to the backloading of emission allowances to be auctioned is on the agenda of the EU member state's Permanent Representatives Committee (Coreper) today, 8 November. However, backloading alone is not enough to restore the steering effect of emissions trading; additional measures are needed. The focus now should be on setting the climate target for 2030.“We are pleased that the issue is finally advancing because backloading is a politically important milestone in revitalising emissions trading. However, we hope that the Commission