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Europe Daily Bulletin No. 10985

17 December 2013
Contents Publication in full By article 19 / 38
SECTORAL POLICIES / (ae) ets
Decision to freeze 900 million quotas adopted

Brussels, 16/12/2013 (Agence Europe) - The short-term reform of the greenhouse gas emissions quota trading system (ETS) with the aim of boosting carbon prices, which have fallen far too low, has been adopted (see EUROPE 10981). In Brussels on Monday 16 December, the Council of the EU adopted the decision of the Parliament and the Council modifying the ETS directive (Directive 2003/87) to put back the auction timetable (“backloading”), by temporarily freezing 900 million surplus quotas on...

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