EU Carbon Set-Aside for New Companies Set To Shrink After 2020 Under Proposed Plan

摘要

The European Union's post-2020 new entrants reserve, or NER, to the carbon market is set to shrink under a plan the bloc's regulator is considering, according to Bloomberg New Energy Finance. The European Commission, the EU's regulatory arm, wants to earmark for new emitters and potential increases in production some carbon allowances not used in 2013-2020 and 250 million permits from a planned market-stability reserve, according to draft legislation. The measure would translate into law a climate deal reached last year, when leaders from the 28-nation bloc endorsed a faster pace of pollution cuts in the next decade.