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RWE boosts 2012 emissions trading as free permit allocation ends

Posted on 06 March 2013

RWE AG (RWE), Germany’s second-biggest utility, boosted carbon trading by 65 percent in 2012 before the European Union halted free allocations of emission allowances this year.
RWE traded 1.06 billion metric tons of carbon permits in 2012, compared with 644 million tons the previous year, company spokesman Michael Murphy on Essen said in an e-mail today. Starting this year, west European power generators must buy all of their emission permits until at least 2020, after getting most of their allowances for free over the past five years………………………………………..Full Article: Source


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