'Investment strategy' needed to cut emissions

The EU should look into pouring a high proportion of carbon revenues into energy efficiency, but not before an institutional framework to reallocate the money efficiently is in place, Richard Cowart, director of European programmes for the Regulatory Assistance Project (RAP), told EurActiv in an interview. "A successful cap-and-trade programme will be designed as a market-based overlay on an entire suit of clean energy policies," Cowart stressed, pointing out that as an advisor to ...

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