Press Release: Government announces changes to rules governing UK carbon auctions

The UK Treasury, on 23 April 2009, published the Community Emission Trading Scheme (Auctioning of Allowances) Scheme 2009. This replaces the Community Emission Trading Scheme (Allocation of Allowances for Payment) Scheme 2008. The Scheme sets out how the UK will conduct auctions of carbon allowances and the terms governing participation in auctions during Phase II of the EU Emissions Trading Scheme.

United Kingdom: HM Treasury: Consultations and legislation: Legislation index: The Community Emissions Trading Scheme (Allocation of Allowances for Payment) Regulations and Scheme http://www.hm-treasury.gov.uk/consult_community_emissionscheme.htm

---