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Industrial slowdown slackens pace of carbon trading

Romaniaís young carbon trading market shows fewer positive signs of development than in 2009 Report by Michael Bird

February 2011 - From the Print Edition

Romaniaís carbon market has been active for two years, however transactions in 2010 have not been as promising as those in the first year of trading.
The country is part of the EUís cross-border Emission Trading Scheme that will remain in operation until March 2013.
Under this scheme, industrial polluters can buy or sell above or below the quota of greenhouse gas emissions they have agreed to release following national and EU verification.
Romanian-based broker KDF Energy oversaw ...

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COMMENTS
There is 1 comment:

Neil: on 2011-01-31 18:31:28
Under this scheme, industrial polluters can buy or sell above or below the quota of greenhouse gas emissions they have agreed to release following national and EU verification.


Wow - this statement shows a severe lack of reseach. Companies don't get quotas, industry as a whole across europe does, and verification just confirms the amount of CO2 they have emitted, it has nothing to do with the assignment of this non-existant quota.

 
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