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EU to Hold Consultations on Stolen Carbon Allowances in March

The European Union executive will hold consultations with stakeholders about security measures for national carbon registries and addressing the issue of emission allowances stolen in computer-hacking attacks.

The European Commission also will shortly propose a modification to the EU regulation on registries that keep tabs on pollution permits “to give a stronger legal basis for measures to protect the integrity of the carbon market and uphold the reputation” of the bloc’s emissions trading system, it said in a statement today.