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‘No Science’ Linking Fossil Phaseout to 1.5°C Target, Al Jaber Claims in ‘Ill-Tempered’ Video December 3, 2023
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EU Carbon Market Reform Coming in 2019

July 23, 2015
Reading time: 1 minute

The European Parliament supported a 2019 start to reform the world’s largest emissions market, a step toward higher carbon pricing that could spur investment in lower-carbon energy. A Market Stability Reserve will store surplus carbon allowances and allow the release of pollution permits in times of higher demand.

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