2010/10/18

(BN) Rescheduled Dutch EU Carbon Allowance Auction to Be Held Oct. 27

+------------------------------------------------------------------------------+

Rescheduled Dutch EU Carbon Allowance Auction to Be Held Oct. 27
2010-10-18 07:19:11.237 GMT


By Mathew Carr
Oct. 18 (Bloomberg) -- The Dutch government rescheduled the
sale of 2 million metric tons of European Union carbon permits
to Oct. 27, the Utrecht, Netherlands-based Climex exchange said
today in an e-mailed statement.
The Oct. 14 auction was canceled because a "technical
fault," which meant that "some participants had more
information than others," Climex said.
There will be no charge for buyers in the Oct. 27 auction
and in a second auction on Nov. 18, Climex said.


For Related News and Information:
Top Stories:{TOP<GO>}

To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net

To contact the editor responsible for this story:
Rob Verdonck at +44-20-3216-4149 or
rverdonck@bloomberg.net