"Realistic" EU emission allocations urged

Advisors to the European Commission on rules for distributing emission rights under a future EU climate trading scheme have warned governments against over-allocating allowances to firms on the assumption that other economic sectors will compensate by reducing their emissions further. Consultancies PwC and ECN say new market entrants should be forced to buy emission rights, while early emission abatement actions must either not be rewarded or accounted for according to very strict rules. The Commission issued preliminary guidance on national allocations plans last month (EED 02/04/03). See consultancy study.

The full text of this article is only available to subscribers and free trialists. To login,please enter your email address and subscriber access code below.

Not a subscriber or free trialist? Why not take a free 14 day trial or subscribe today!

Having trouble logging in? Please contact our helpdesk

Back to top Back to top