EU states, UK dole out another 25 mln more free EUAs for 2020, as glitch slashes max quotas

Published 17:16 on April 21, 2020  /  Last updated at 22:27 on April 21, 2020  /  EMEA, EU ETS  /  No Comments

EU member states and the UK handed out over 25 million additional free carbon allowances to industrial emitters in the fortnight to last Friday, according to updated data from the European Commission, with a calculation error slashing the reported maximum allocation figure by almost 100 million tonnes.

EU member states and the UK handed out over 25 million additional free carbon allowances to industrial emitters in the fortnight to last Friday, according to updated data from the European Commission, with a calculation error slashing the reported maximum allocation figure by almost 100 million tonnes.

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