Emissions Trading Scheme

MEP Matthias Groote predicts reworked carbon market proposals will be approved by MEPs in Strasbourg today

UK Energy Secretary joins 11 other environment ministers and major businesses in calling for backloading proposals to be approved

Campaign group Sandbag warns ailing system is now cancelling out CO2 reductions from renewable energy and energy efficiency directives

European Parliament Environment Committee approves backloading proposals, allowing vote to be put to the whole house in July

EXCLUSIVE: Shell, Ikea, Swiss Re and others urge MEPs on Environment Committee to vote in favour of backloading

Policy Exchange's Simon Moore makes the case for ambitious carbon market reform based on a demanding 2035 emissions cap

More than 635 companies to take part in cap and trade pilot seen as a model for future schemes in Beijing and Shanghai

Eight MEPs from ALDE group in European Parliament also call for urgent structural reform to the Emissions Trading System

European Commission believes compromise could be possible if money from backloading is used to help energy intensive industries go green

Greenpeace calls for major strengthening of 2030 emissions target, as European Commission seeks to shrink list of companies receiving free permits