Conservative MEPs have been accused of betraying British business after the European Parliament narrowly rejected a proposal by the European Commission to delay the auctioning of greenhouse gas allowances to avoid a further drop in the price of carbon. 
class="yiv1328757377MsoNormal" align="left" id="yui_3_7_2_1_1366108189425_48496" style="color: #000000; font-family: arial, helvetica, sans-serif; font-size: 12pt; line-height: normal; background-color: transparent; text-align: left; margin: 0cm 0cm 0pt;"> 
class="yiv1328757377MsoNormal" align="left" id="yui_3_7_2_1_1366108189425_48493" style="color: #000000; font-family: arial, helvetica, sans-serif; font-size: 12pt; line-height: normal; background-color: transparent; text-align: left; margin: 0cm 0cm 0pt;"> class="yiv1328757377MsoNormal" id="yui_3_7_2_1_1366108189425_48495" style="margin: 0cm 0cm 10pt; line-height: 17px;">Power-stationCarbon prices in the UK currently leave UK manufacturers paying more for their electricity than their EU competitors and the EU plans would have reduced that gap. But a vote in the European Parliament in Strasbourg on Tuesday April 16th was lost by 334 to 315. 
class="yiv1328757377MsoNormal" id="yui_3_7_2_1_1366108189425_48488" style="margin: 0cm 0cm 10pt; line-height: 17px; background-color: transparent;">Lib Dem MEPs backed the Commission proposal, which follows coalition government policy, but the votes of many Conservative MEPs against it were crucial in ensuring the plans were rejected.