EU carbon tax kicked into the long grass

European commissioners are in a holding pattern over whether to introduce a tax on carbon across the EU, a proposal that if backed by the EU executive could prove to be one of the most controversial and bitterly fought over pieces of legislation Brussels has mooted in years.

Under initial proposals by taxation commissioner Algirdas Semeta, from 2013, sources of greenhouse gases that are not currently covered by the EU's flagship environmental endeavour, the Emissions Trading Scheme (ETS...