Oct 10th 2011
Phase three EU ETS allowances delayed by EU states “not meeting deadlines”
Allocations of free emissions allowances to participants of the EU Emissions Trading Scheme (ETS) are being delayed because said national governments have not provided information on their plans to the European Commission on time, reported Platts on Monday 10 October. The news may lead to a delay in the allocation of free post-2012 EU ETS allowances to industrial installations. Each member state had to inform the Commission by 30 September of how many free allowances they plan to give each installation in their country, based on performance benchmarks. The Commission said very few governments met the deadline and some governments have said they are likely to be significantly late delivering their plans.
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