Mon, Jul 28, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

EU may propose carbon permit reserve next year to combat surplus

Posted on 12 December 2013

The European Commission may propose next month a law to manage the supply of carbon permits as a way of combating a surplus that drove prices to a record low, said Jos Delbeke, head of the regulator’s climate department.
A reserve mechanism to add or release pollution rights may help reduce a glut of more than 2 billion metric tons of permits, Delbeke, the commission’s Director-General for Climate, said in Brussels yesterday. He spoke after European lawmakers approved a plan to delay temporarily the sale of 900 million allowances in a process called backloading………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36151 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031