The European Commission has issued rules on the transitional free allocation of allowances to the power sector, in preparation for the third phase of the EU Emissions Trading System (EU ETS) (2013-20), when the power sector will have to buy its allowances.
Press Release on the Decision
The strategy “Transport 2050” has been adopted for a competitive transport system that will increase mobility, fuel growth and employment, dramatically reduce Europe's dependence on imported oil, and cut carbon emissions in transport by 60% by 2050.
EU Press Release on the Strategy
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