EU Reaches Decision on Allocation of Free Emission Allowances from 2013
8:48 AM MDT | April 27, 2011 | Ian Young
The European Commission has adopted a draft decision on how free-of-charge emission allowances should be allocated from 2013 to industrial installations covered by the European Union's (EU) Emissions Trading System (ETS). Most ETS emission allowances will be bought at auction starting in 2013, but a proportion of free allowances will continue to be given to industry until 2020, to reduce costs for installations in sectors deemed to be exposed to significant competition from outside the EU. These include a number of chemical industry sectors. The commission's...
Already an IHS Chemical Week member? Login here
Forgot your user ID or password? Click here to have it sent to you.
Click here for 6 months access to the lates news, data and statistics on sustainability. PLUS all the news and analysis from the Chemical Week editorial team updated everyday on IHS Chemical Week