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Competition among auctioning platforms will increase stability

Guest commentary on the need to ensure fair competition among European Union Greenhouse Gas Emission Trading System (EU ETS) auctioning platforms

(By Franzjosef Schafhausen, German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety)

Currently, only up to 10 per cent of allowances in the EU ETS can be allocated by auctioning. However, in phase 3 of the scheme (2013-2020), auctioning will be the predominant method of allocation. There is general agreement, that transition to the new auctioning design must be smooth and avoid any disturbances of the carbon market. ...

Published: Carbon Market Europe newsletter [http://www.pointcarbon.com/news/cme/1.1458735]