European Commission says ‘no’ to forest credits in the ETS until after 2020, cites ‘market flooding’ and governance problems

The European Commission will tomorrow state that it is opposed to the inclusion of forest-based carbon credits in the ETS, in a wide-ranging Communication on deforestation and how the European community plans to deal with it. The Communication will say that the aim should be to reduce deforestation by 2020 and halt it by 2030.

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