EU Nations Could Vote on CO2 Before Parliament, EU Official Says
European Union governments could vote on a measure to delay sales of some carbon permits before a related parliamentary vote to amend the bloc’s emissions law, an EU official said.
Representatives of national governments in the Climate Change Committee could hold a vote on a planned measure to postpone auctions of permits and then decide to delay the start of a mandatory scrutiny period until a decision on the law change is made in a separate process, the official said.
The European Commission, the bloc’s regulatory arm, is considering various procedural scenarios on its two-element plan to curtail the excess supply of permits, according to the official, who declined to be identified, citing policy. The commission’s draft strategy involves the proposed amendment and a separate measure to “backload” a number of permits at auctions as of 2013.
To contact the reporter on this story: Ewa Krukowska in Brussels at firstname.lastname@example.org
To contact the editor responsible for this story: Jones Hayden at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.