EU might cancel carbon auctions if price too low
12 Mar 2010
As part of a plan to centralise carbon emissions allowances auctions, the European Union might suspend auctions if allowance prices fall “abnormally low,” according to the World Business Council for Sustainable Development.
The plan, which is to take effect in 2011, would set up no more than two auction platforms through 2013, at which point the EU would decide on a single auction platform.
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