EU seen chopping post-2020 ETS cap further to ease pressure on richer states

Published 11:34 on July 13, 2016  /  Last updated at 15:32 on July 13, 2016  /  EMEA, EU ETS  /  No Comments

The European Commission is next week expected to propose letting a small club of richer member states cancel part of their post-2020 ETS auction volumes to help meet their non-ETS goals more cheaply, hiking costs for companies exposed to the bloc’s carbon market.

The European Commission is next week expected to propose letting a small club of richer member states cancel part of their post-2020 ETS auction volumes to help meet their non-ETS goals more cheaply, hiking costs for companies exposed to the bloc’s carbon market.

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