Firms want long-term carbon trading certainty

EU survey shows companies want longer allocation periods to aid investment decisions

Companies in the EU's carbon emission trading system want much longer allocation periods after the scheme's second phase ends in 2012. A "large majority" want each trading phase to last for a decade or more, according to a survey published by the European commission on Monday.

Firms involved in the scheme (ETS) also want to know two or three years in advance how many allowances they will have for future allocation periods, the poll found. The findings reflect a desire for long-term certainty around which to build investment decisions.

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