Last Wednesday, 2 July, the European Parliament paved the way for industry to trade greenhouse gas emission rights as of 2005.
The new rules will create an EU market in greenhouse gas emissions in an attempt to protect the environment.
The proposal by the Commission to include all greenhouse gases and not just carbon dioxide, and to widen the range of industries covered by the new legislation was supported by the EP in the second reading of the new rules.
Please find attached the Report by Jorge Moreira da Silva MEP (EPP-ED, PT).
