Brussels, 22/12/2010 (Agence Europe) - Generally speaking, the European carbon market (set out in the ETS directive) is subject to adequate oversight, but an additional effort may be needed in the spot market. This was the conclusion reached by the Commission in a communication published on Wednesday 22 December on the regulatory oversight of the carbon market. If necessary, a legislative proposal to this effect could be presented in 2011.
In a press release, Connie Hedegaard, Commissioner...