The European Union will allow more national carbon registries to reopen this week and is looking at ways to stop “crimes against the system” after hackers roiled the market, EU Climate Commissioner Connie Hedegaard said.
The European Commission, the EU regulator, permitted five out of 30 registries in the world’s largest emissions market to resume on Feb. 4 after demonstrating their systems are secure. The remaining national databases for tracking carbon permits have been halted since Jan. 19, and spot trading is limited after hackers illegally transferred about 29 million euros ($40 million) of permits from Austria, the Czech Republic and Greece.
