19.03.2015 - Finland Cool on Early Start of European Carbon Market Reserve
Finland has reservations over plans to advance the start of a draft European Union carbon-market fix by four years from 2021 as it seeks to avoid raising costs for industrial companies. The administration of Prime Minister Alexander Stubb endorsed the proposal by the European Commission to create a stability reserve to alleviate a glut of emission permits, according to an e-mailed statement. It also agreed that carbon permits delayed at auctions in 2014-16 should “in principle” be auctioned rather than put into the reserve...............................................Full Article: Source
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