‘Untargeted’ free emissions allowances have slowed decarbonisation, say EU auditors

The European Commission must tighten its criteria for awarding free allowances in the emissions trading system (ETS), the European Court of Auditors (ECA) has said in a new report that blames untargeted free allocations for slowing decarbonisation in the power sector.

by Simon Pickstone
Close-up of the Turow lignite power plant in Poland. The country was one of eight to enjoy free emissions allowances for the power sector. Photo: Karol Serewis via Getty Images
Close-up of the Turow lignite power plant in Poland. The country was one of eight to enjoy free emissions allowances for the power sector. Photo: Karol Serewis via Getty Images

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