Brussels, 05/10/2012 (Agence Europe) - On 1 October, the European Investment Bank (EIB) announced it had successfully concluded the first round of sales of carbon allowances under the NER300 programme. The EIB, acting as an agent of the European Commission, sold a total of 200 million EU allowances since the start of the sales process in December 2011.
In the context of the NER300 initiative, 300 million EU allowances - which are rights to emit one tonne of carbon dioxide - from the new...