Brussels, 25/07/2012 (Agence Europe) - The European Commission is proposing a change to the timetable for the auctioning of emissions quotas for the third period (2013-2020) of the emissions trading scheme (ETS) in order temporarily to reduce the quantity of allowances on the carbon market. It is proposing to hold back the auctioning of a significant quantity of surplus allowances so as not to aggravate the situation in the first few years of Phase III. This is the short-term solution it...