Green light for negotiations on ‘backloading’ EU ETS

Negotiations between the European Parliament and Council of the European Union on ‘backloading’ the Emissions Trading Scheme (ETS) have been given the green light by the European Committee of Permanent Representatives. A surplus of emissions allowances in the ETS – partly the result of reduced economic activity during the recent downturn – has pushed down […]

Push back release of carbon permits, says international trading group

A Brussels-based trade body has told the European Commission that a crucial scheme meant to keep a check on emissions should push back the number of carbon permits put out for auction. The EU is debating whether to “backload” the number of carbon allowances available in the EU Emissions Trading Scheme to try and prop […]