Exchanges May Publish EU Carbon Sale Calendars in Early December
The ICE Futures Europe (ICE) exchange and the European Energy Exchange AG, which host carbon auctions for European Union governments, may publish schedules for 2013 sales by early December, the EU’s regulatory arm said.
The initial calendar will not take into account the amount of permits to be delayed under an EU draft measure presented on Monday, the European Commission said in a document published in Brussels today. The regulator proposed Nov. 12 to postpone sales of 900 million of carbon allowances from 2013 through 2015.
ICE and EEX will update their calendars to take account of the delayed permits after the EU adopts the backloading measure, reducing the volume for the remainder of the year, the commission said in the document.
To contact the reporter on this story: Ewa Krukowska in Brussels at email@example.com
To contact the editor responsible for this story: Lars Paulsson at firstname.lastname@example.org