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EU Says Ban on Some Offsets Won't Lift CO2 Price 'Significantly'
2010-11-25 12:02:37.933 GMT
By Mathew Carr
Nov. 25 (Bloomberg) -- The European Union said a decision
to ban some offset credits from Jan. 1, 2013, would not
"significantly" boost carbon prices
The impact on compliance costs in the EU emissions trading
system should "not be significant because the EU allowance
price is mostly determined by other factors and sufficient
alternative credits remain available," according
to an impact statement published today on an EU website.
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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:
Stephen Cunningham at +44-20-7673-2061 or
scunningha10@bloomberg.net
