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Europe will scale back its carbon permits from 2013 onwards (Photo: Otodo)

EU and Switzerland to link carbon trading systems

Talks to link greenhouse gas emissions trading systems (ETS) in the EU and Switzerland are set to start early next year after EU environment ministers handed the European Commission a negotiating mandate on Monday (20 December).

The move marks the first time the EU has sought to link its ETS to a similar system outside the bloc, with the small Alpine nation of almost eight million inhabitants already operating a voluntary ETS as an alternative to a domestic fuel tax.

EU sources ...

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Europe will scale back its carbon permits from 2013 onwards (Photo: Otodo)

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