Five EU states panned for emissions trade failures

April 2006
Utility Week;4/14/2006, Vol. 25 Issue 8, p11
Trade Publication
The article reports on the admonition from the European Commission (EC) on the failure of several European Union (EU) countries to set up a key element of the EU Emissions Trading Scheme. Cyprus, Greece and Luxembourg are among the countries that failed to link their national electronic registry of allowances with the registry system. The action by EC came as environmental pressure groups criticised the allocation of allowances under the first phase of the scheme. Climate Action Network Europe has complained about the first set of National Allocation Plans for carbon trading.


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