Press Release: EU Handed Out More Free Carbon Allowances Than Needed in 2009

LONDON, April 1, 2010 /PRNewswire/ — The recession made emissions from industrial plants included in the EU’s emissions trading system (ETS) plunge by 11% in 2009.

Overall, the EU handed out more free carbon allowances than were actually needed for plants to comply with their 2009 emissions. Even though some plants still faced a shortfall in 2009, this number is smaller than the surplus held by others in the system.

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Posted on April 7, 2010 · in Press Releases

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