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The Commission has asked member states to keep their CO2 numbers secret until the 15 May deadline (Photo: European Commission)

EU tries to stop C02 credits market crash

The European Commission has asked member states not to announce what they have polluted in 2005 until the deadline of 15 May, in an attempt to calm the bloc's greenhouse gas emission trading market, according to the Financial Times.

European carbon prices fell again on Tuesday after Swedish companies said they had ended up with ten percent more pollution allowances than they needed.

Last week prices plummeted after four member states announced they had polluted less in 2005 than t...

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The Commission has asked member states to keep their CO2 numbers secret until the 15 May deadline (Photo: European Commission)

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