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EU Industry Panel to Decide on Carbon Fix Adoption Track

The European Parliament’s industry committee is yet to decide whether to block a faster start of a carbon-market fix should its objection to the measure be denied by the environment panel, according to a Parliament official.

The environment committee is scheduled to vote on the industry panel’s recommendation to reject the emissions-market rescue plan on Jan. 30. If the recommendation is overturned the industry panel’s chair will need to consult coordinators from political groups on whether to object to plans by Matthias Groote, the head of the environment committee, to shorten the scrutiny period of the market fix, said the official, who declined to be identified, citing policy.