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National Tree Day Planet Ark Home
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EU Cuts Portugal's Plan for 2008-2012 CO2 Permits |
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| BELGIUM: October 23, 2007 | ||
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BRUSSELS - The European Commission said on Monday it had trimmed Portugal's plan allocating industry the right to emit carbon dioxide in 2008-2012 to 34.8 million tonnes annually, 3.1 percent less than the country's proposal.
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The European Union's executive has required cuts in most of the CO2 plans it has received in an effort to shore up the emissions trading scheme, the 27-nation bloc's key tool to fight climate change.
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REUTERS NEWS SERVICE
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