We are not "double counting" said the European Commission, following the publication of a report which accuses the EU's emissions trading scheme (EU-ETS) of lack of transparency over a practice that allows different firms to reuse the same carbon allowances.rn"The Commission has verified and can confirm that the number of allowances put out of circulation (retired) in 2005 and 2006 corresponds to the number of verified emissions reported by companies in 2005 and 2006," the EU body said in its statement released on 23 November.
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