Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Carbon Lobby Seeks Auction Delay of 1.2 Billion EU Permits

Oct. 16 (Bloomberg) -- The Climate Markets & Investment Association sought a 1.23 billion-ton reduction in supply of European Union carbon allowances in 2013 and 2014.

There should be no new auctions of carbon allowances in 2013, apart from those sales delayed from 2012 to help finance new climate-protection technology, the association said today in an e-mailed statement.

The CMIA recommended a supply control mechanism that would systematically remove from the market a number of surplus permits more than three years old, according to the statement. The mechanism would remove 277 million tons in 2013 alone, the association said.

To contact the reporter on this story: Mathew Carr in London at

To contact the editor responsible for this story: Alessandro Vitelli at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.