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BUZZ-Drax: boosted by carbon mkt reforms

Reuters - UK Focus

** Power producer Drax jumps 11 pct & poised for its biggest one-day rise in more than 6 yrs after a vote that accelerated the start of reforms to bolster prices on the EU's Emissions Trading System

** European politicians on Tuesday voted to start reforms by end-2018, earlier than the EC's proposal of 2021

** The environment committee vote in the European Parliament still needs to be followed by a vote of the full assembly & get endorsement from EU member states in order to become law (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)