Monthly Archives: F Y

Issuing allowances in Phase 3

In Phase 3, allowances will be issued into the market via two ways – by auctioning and by free allocation. Article 10 sets out auctioning rules and very detailed regulations are provided in the Auctioning Regulations (Regulation 1031/2010 published 12th … Continue reading

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Delayed submission of National Implementation Measures

The European Commission sent a note to a meeting of the European Council’s Environment Council on 10th October 2011 where it summarised the compliance by member states with their obligations under the Revised ETS Directive. According to this note and … Continue reading

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Handling leakage in Phase 3

When manufacturers in the EU are covered by an emission trading scheme or a carbon tax, their goods get more expensive as the scheme tightens.  That’s good for competitors in countries outside the EU where emissions are not regulated – … Continue reading

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