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Norway sets carbon trade cap for 2008-12

ENDS Europe
Friday 19 October 2007

Norway will cap industrial carbon emissions at 15m tonnes annually in a national trading scheme from 2008 to 2012, the government announced on Thursday. The cap amounts to a 21 per cent cut compared with 2005 levels. A draft allocation plan will be issued shortly. Up to eight million tonnes of allowances could be sold or auctioned, an official told ENDS. Norway is negotiating to link its scheme to the EU's trading mechanism from January (EED 20/09/07). An agreement could be reached in December, ENDS understands. See Norwegian government press release (Norwegian).

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Danish presidency programme

The Danish government presents the programme of the Danish Presidency of the Council of the European Union ‘Europe at work'

Denmark took over the presidency of the EU on 1 January.

Read ENDS article on its provisional agenda of meetings

See also its website and full programme of work officially presented on 6 January