Brussels, 15/07/2010 (Agence Europe) - A further step has just been taken in implementing the instruments of the Climate and Energy legislative package. On Wednesday 14 July, member states' experts on the Council climate change committee unanimously backed the draft European regulation on auctioning CO2 emissions allowances under the Community Emissions Trading Scheme (ETS).
These new rules will govern the auction of over one billion CO2 quotas per year in the third trading period, from...