Tory MEPs planning to defy David Cameron on key emissions trading vote

Fiona Harvey, environment correspondent guardian.co.uk, Tuesday 16 April 2013 05.45 EDT

Many Conservative MEPs are expected to vote against 'backloading' despite the prime minister favouring reform  Tory MEPs are planning to defy David Cameron in a tense vote at noon on one of Europe's flagship climate policies, the emissions trading scheme (ETS).  Many of the group of more than 20 MEPs in the European parliament are understood to be planning to vote against a reform of the ETS.  The reform - known as "backloading" - is aimed at shoring up the price of carbon, which has plummeted owing to an excess of carbon permits in the ETS market. If successful, the reform would result in the postponement of a series of auctions of carbon permits....To Read More....