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IACA’s position on on the European Commission’s proposal for a Decision of the Parliament and Council on the timing of auctions of greenhouse gas allowances (2012/0202/COD) and a Commission’s Regulation to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020

1. Context On 25JUL12, the European Commission announced a decision to slow down the release of auctioned CO2 allowances during the period 2013-2020. The Commission expects that this manoeuvre will create a temporary shortage in the EU ETS carbon market, thereby...