Defra denies enlarging ETS auction

August 2008
Utility Week;8/8/2008, Vol. 29 Issue 15, p18
Trade Publication
The article reports on the reaction of Great Britain Department for Environment, Food and Rural Affairs (Defra) about plans to reconsider the proportion of carbon dioxide allowances it would auction in the second phase of the European Union's Emissions Trading Scheme (ETS). The department has just published details of the auctioning scheme, the requirements for participating and how the clearing price will be calculated. Defra has signalled that the auction of allowances will take place before the end of the year.


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