European Commission Proposes Early Auction Of 120 Million Greenhouse Gas Allowances

摘要

The European Commission March 15 proposed to auction 120 million allowances for greenhouse gas emissions under the European Union's Emissions Trading System (ETS) in 2012, prior to the start of the third trading period from 2013-2020. The Commission proposed the so-called early auctions in a draft amendment to the EU ETS Auctioning Regulation, which it submitted March 15 to its Climate Change Committee. The proposal followed a public comment period that ended in February.