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Breaking: crisis looms for carbon market as EU Parliament rejects 'backloading' plan

James S Murray
@James_BG
16 April 2013

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Businesses and green groups left bitterly disappointed as MEPs reject crucial carbon market reforms

MEPs have voted narrowly to reject plans to bolster the price of carbon in the EU's emissions trading scheme (ETS) by delaying or 'backloading' the sale of 900 million carbon allowances, prompting accusations...