Austrian experts back EU-wide CO2 trading

Official report recommends broad scheme in line with European Commission proposals

Carbon dioxide (CO2) emission permit trading could best be introduced in Austria under the planned EU-wide system, according to the country's institute for economic research Wifo. The more economic sectors and states that are included, the faster a market for permits will develop, the environment ministry said in a statement last Friday.

In a report commissioned by the ministry, Wifo recommends allocating emission permits through auction, and mandatory rather than voluntary participation by every sector that emits CO2. These conclusions are broadly in line with the European Commission's proposals for an EU-wide scheme (EED 23/10/01).

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.