Less than two months before the official kick-off of the EU emissions trading scheme, the market is already hotting up.
Financial Times Deutschland reports that trading in emissions quotas has gone up five fold in recent weeks - from 150,000 tonnes traded per week in August to the current 750,000 tonnes a week.
The EU scheme will be the first multi-national emissions trading scheme in the world and will cover all 25 member states.
The new rules aim at creating an EU market i...
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Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.