The Italian government has issued a new draft national plan (Nap) for allocating CO2 allowances under the EU emission trading scheme's first phase. Emissions from around 1,100 installations will be capped at 222m tonnes per year, it now says. The new plan "safeguards Italian industry" at the same time as satisfying the EU's "strict requirements", the Italian environment ministry said in a statement. The re-issue became necessary after the European Commission said it would only approve Italy's Nap if it cut its allocation (EED 25/05/05). See press release and Nap.
Please enter your details
Not a subscriber?
Take a free trial now to discover the critical insights and updates our coverage offers subscribers.