Commission set to reject over-generous ETS caps

October 2006
Utility Week;10/27/2006, Vol. 26 Issue 7, p5
Trade Publication
The article reports that the European Commission has signaled that many national plans, submitted for the second phase of the European Union's Emissions Trading Scheme (ETS), will be returned to member states because the allowances they propose are too generous. European environment commissioner Stavros Dimas revealed that the first 17 National Allocation Plans sent to the Commission for the ETS between 2008 and 2012 have proposed an overall cap about 15 per cent above actual emissions in 2005.


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