Thursday, June 26, 2008

Europe: 'No exceptions' for member states on auctioning: Dimas

A snippet from PointCarbon:
All EU member states must auction 100 per cent of their allowances to power companies and any exceptions made for coal-dependent countries risks undermining the 27-nation bloc's target on cutting emissions of climate-changing gases, Europe's environment commissioner Stavros Dimas said in a speech in Poland on Thursday.