Environmental Leader, January 20, 2011The European Union suspended most of its 72 billion euro carbon market yesterday after the suspected theft of 7 million euros of emissions permits from the Czech Republic’s carbon registry.
The EU halted most carbon market operations at all 30 member countries following the attack. It did not give a date for trade to resume, but said it would open the emissions trading scheme as each member state proved the security of its system, Reuters reported. Read more...
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