Brussels, 06/07/2012 (Agence Europe) - Bulgaria, the Czech Republic and Romania will be allowed to continue to give their power stations free quotas in the European greenhouse gas emissoions trading system (ETS) after 2012.
On Friday 6 July 2012, the European Commission decided to allow the three countries to make use of the derogation to the ETS directive whereby countries highly reliant on coal-fired power stations do not have to buy all their quotas on the carbon markets. Such...