2010/09/29

(BN) Regulatory Uncertainty Over CERs ‘Unsustainable,’ Traders Say

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Regulatory Uncertainty Over CERs 'Unsustainable,' Traders Say
2010-09-29 13:28:10.810 GMT


By Ewa Krukowska
Sept. 29 (Bloomberg) -- "Complete regulatory uncertainty"
over the use of United Nations carbon offsets from 2013 in the
European Union is unsustainable, the European Federation of
Energy Traders said today.
The current legislative process "should address the
eligibility of all credit types and ideally be final and
conclusive," EFET said today in an e-mailed statement. "At the
very least, the EU should establish a positive list of
unrestricted credit types."

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To contact the reporter on this story:
Ewa Krukowska in Warsaw at +32-2-237-4331 or
ekrukowska@bloomberg.net

To contact the editor responsible for this story:
Mike Anderson at +44-20-7673-2718 or
manderson34@bloomberg.net