BRUSSELS (Reuters) - Thirty firms and organizations have written to European policy-makers urging them to vote in favor next week of a plan to support the European Union's Emissions Trading Scheme (ETS), which has sunk to record lows.
A European Parliament committee votes on February 19 on whether to back a Commission plan to remove some of a huge surplus of carbon allowances from the EU ETS.
Opposition to the proposal has been led by heavy industry and EU member Poland, which is highly dependent on carbon-intensive coal and argues there is no case for intervention in the market.