Crucial deal on EU Emissions Trading System still elusive

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Crucial deal on EU Emissions Trading System still elusive

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Panorama of power station at night under blue sky / Panoramic shot power station at night | Photographer: Dmitry Pistrov Tel/Dmitry Pistrov - Fotolia

European officials failed to reach agreement on Thursday on a crucial reform to improve the effectiveness of the European Union’s Emissions Trading Scheme, the world’s largest carbon cap and trade scheme.

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