Brussels, 02/05/2011 (Agence Europe) - On Friday 29 April, the European Commission rejected the revised Estonian National Allocation Plan (NAP) for allocating carbon dioxide (CO2) emission allowances for the 2008-2012 trading period. The main reason was that the average total quantity of allowances Estonia proposed to allocate to its installations over the period was too high. Estonia must now submit a new NAP as quickly as possible.
Directive 2003/87/EC, which put in place the European...