EMEA > Compliance Markets & Taxes > EU seen chopping post-2020 ETS cap further to ease pressure on richer states

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 (Compliance Markets & Taxes, Europe)

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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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