EU Commission to trigger ETS safeguard plan in anticipation of ‘no-deal’ Brexit

Published 19:16 on December 18, 2018  /  Last updated at 14:37 on December 19, 2018  /  EMEA, EU ETS  /  No Comments

In a pre-emptive move ahead of a potential ‘no-deal’ Brexit, the European Commission will temporarily suspend the allocation and auctioning of EU Allowances by the UK in the new year, as well as the exchange of international credits by the country’s emitters in the bloc’s registry.

In a pre-emptive move ahead of a potential ‘no-deal’ Brexit, the European Commission will temporarily suspend the allocation and auctioning of EU Allowances by the UK in the new year, as well as the exchange of international credits by the country’s emitters in the bloc’s registry.

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