Memo: Europe strengthens its carbon market for a competitive low-carbon economy

The European Commission on 8 January 2014 welcomed the vote by EU governments gathered in the Climate Change Committee to postpone the sale of 900 million carbon allowances in the 3rd phase of the EU's Emissions Trading System (EU ETS) which runs up to 2020. This marks a key step in restoring the short term balance in the European carbon market and sets the stage for the proposal of a further structural measure shortly.

ESO: Background information: Energy utilities call for more flexible ETS http://www.europeansources.info/record/energy-utilities-call-for-more-flexible-ets/

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