Reports: Brussels ready to bail out carbon price by withholding permits

BusinessGreen staff
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EU sources quoted as saying draft proposals will recommend removing 400 million to 1.2 billion allowances from auction for three years

The EU is reportedly poised to delay the sale of up to 1.2 billion emissions allowances as part of a bid to bolster the ailing price of carbon, which has dropped to record lows in recent months undermining...

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