Impact of the European Emissions Trading Scheme on Sustainable Energy Production and Energy Efficiency     Print Email
Monday, 29 October 2007

A delegation from the European Parliament’s Committee on Industry, Research and Energy that included The Hon. Catherine Trautmann (MEP–France), Vice-Chair and The Hon. Giles Chichester, Member of the Committee, along with The Hon. Jonathan Evans (MEP-UK), Chairman of the Delegation for Relations with the U.S. discussed the effectiveness of the European ETS as well as transatlantic cooperation on energy and climate change issues. Participants included  James Slutz, Acting Principal Deputy Assistant Secretary of Energy and Angelos Pangratis, Deputy Head of the Delegation of the European Commission. There was a consensus that although there are problems with the current ETS, it does work and it is a positive initiative toward developing new technologies.