EMEA > EU launches probe into Romanian utility, raising concerns about carbon permit shortfall

EU launches probe into Romanian utility, raising concerns about carbon permit shortfall

Published 15:48 on February 5, 2021  /  Last updated at 12:43 on September 1, 2021  /  EMEA, EU ETS

The European Commission launched an investigation into Romanian utility CE Oltenia’s restructuring plans on Friday, blocking funding that observers say the company was likely relying on to buy several million carbon allowances over the next two months.
The European Commission launched an investigation into Romanian utility CE Oltenia’s restructuring plans on Friday, blocking funding that observers say the company was likely relying on to buy several million carbon allowances over the next two months.


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