The Polish government’s plea to obtain even more free carbon emissions permits from the Eropean UnionĀ has failed – at least for the time being.
However, the European Commission is facing stiff opposition from industry and others to its proposal to temporairly halt – if stop altogether – the issuance of carbon trading pemits, as its price drops to a lowest-ever level.
Once again, the rationale for the Emissions Trading Scheme (ETS) – as a way of reducing the eggregious impacts of burning coal – is called into strong doubt.
See http://www.minesandcommunities.org/article.php?a=12181.