State of the EU Emissions Trading Scheme Wall Street Journal wrote that the vote was the 'equivalent of the pope renouncing celibacy

Last week, in a surprise to many, the European parliament defeated a proposal to postpone the auctioning of emissions permits, a move that would have propped up prices in the bloc’s carbon market, known as the EU Emissions Trading Scheme or ETS. The market reaction was quick and...State of the EU Emissions Trading Scheme Wall Street Journal wrote that the vote was the 'equivalent of the pope renouncing celibacy