(Bloomberg) -- European Union regulators signaled a
readiness to approve a higher limit on Germany's imported
emission credits after the country decided to sell 9 percent of
new allowances instead of giving them away.
The German government aims to allow imported credits
covering emissions of about 90 million metric tons a year in
2008-2012. The European Commission, the EU's regulatory arm,
must endorse the limit, which is 20 percent of Germany's total
allowances to emit 453 million tons of carbon dioxide a year and
22 percent of the country's free permits.
Read more at Bloomberg Energy News
readiness to approve a higher limit on Germany's imported
emission credits after the country decided to sell 9 percent of
new allowances instead of giving them away.
The German government aims to allow imported credits
covering emissions of about 90 million metric tons a year in
2008-2012. The European Commission, the EU's regulatory arm,
must endorse the limit, which is 20 percent of Germany's total
allowances to emit 453 million tons of carbon dioxide a year and
22 percent of the country's free permits.
Read more at Bloomberg Energy News
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