On Tuesday 17 October, the European Commission announced the adoption of a new delegated regulation on auctioning in the European Emissions Trading Scheme (ETS) as part of the ‘Fit for 55’ legislative package and the ‘REPowerEU’ plan.
Following a thorough examination of the draft legislation on the ‘Have Your Say’ platform, which stakeholders were able to comment on for four weeks, the Commission has unveiled this new framework. It aims to specify the technical aspects that are...