Environmental Leader, January 20, 2011
The 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...
The 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...