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Germany Increases Grants of Free Carbon to 15% of Emitters

Germany, which will sell more European Union carbon allowances starting next year, intends to increase grants of free permits to 15 percent of its emitters in the bloc’s greenhouse-gas market.

About 311 of 2,012 installations will get more free allowances next year than in 2012, according to data from the federal environment agency Umweltbundesamt compiled by Bloomberg New Energy Finance. A total of 527 emitters lost more than 90 percent of their free allowances. Seven hundred and forty-five emitters lost more than half their free allowances, while 426 lost from 50 percent to 90 percent.