EU puts tight cap on CO2 allowances

Baker, John
April 2007
ICIS Chemical Business;4/2/2007, Vol. 2 Issue 60, p11
Trade Publication
The article presents an update on the European Union's Emissions Trading Scheme (ETS). The European Commission has accepted three more national allocation plans (NAPs) for greenhouse gas emissions in the second phase of the ETS, which runs from 2008-2012. Allowances for two of the plans, for the Czech Republic and Poland, have been cut considerably by 14.8% and 26.7%, respectively. France's NAP was also accepted, but at a much lower level than it had previously submitted.


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