IHS Chemical Week

Emissions Trading to Resume in Five EU Markets

5:49 AM MST | February 15, 2011 | Ian Young

The European Commission has authorized the resumption of spot emissions trading from today in France, Germany, the Netherlands, Slovakia, and the U.K. after those countries' national emission registries gave the commission "reasonable assurances that the minimum security requirements are in place." The commission suspended spot trading on the European Union's (EU) Emissions Trading System (ETS) on January 19 after hackers repeatedly broke into the system and stole emission allowances worth an estimated €30 million. Spot trading remains suspended on...

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