Memo: Emissions Trading: Commission clears temporary free allowances for power plants in Cyprus, Estonia and Lithuania

Author (Corporate)
Series Title
Series Details MEMO/12/350 (16.05.12)
Publication Date 16/05/2012
Content Type ,

The European Commission has authorised requests from Cyprus, Estonia and Lithuania for a continued free allocation of EU Emissions Trading System (EU ETS) allowances to their power sectors beyond this year. The Commission has taken these decisions under provisions which allow certain Member States exemptions from the general rule that, from 2013 onwards, the power sector must buy all its allowances at auctions or in the market.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/12/350&format=HTML&aged=0&language=EN&guiLanguage=en
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