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EU to focus on regulatory ‘gap’ to curb fraud in spot market for emissions

Posted on 04 May 2011

The European Union will take testimony this week on a regulatory “gap” exposed earlier this year, when criminals stole carbon permits and forced the closure of spot trading for 15 days.

The European Commission, overseer of the world’s largest emissions-trading system, is due to meet tomorrow in Brussels with emitters, traders, researchers and climate groups to discuss protection for contracts for immediate delivery……………………………………….Full Article: Source


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VRS - who has written 38126 posts on Opalesque Commodities Briefing.


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