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Europe decides to backload part of EU aircraft Emission Trading Scheme auction volume

Brussels, Belgium - "Now it is up to the European Parliament and member states to deliver"

Connie Hedegaard, European Climate Action Commissioner, moved this week to cut the amount of allowances due to be actioned. The Commission decided to backload a portion of the EU Emissions Trading Scheme auction volume scheduled for the next three years after 2015 (AVIONEWS). Brussels declared the move was made after the financial crisis caused European industrial activity to slow, dampening demand...

AVIONEWS - World Aeronautical Press Agency - 1143946
Rome, Italy, 07/27/2012 18:11
AVIONEWS - World Aeronautical Press Agency

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