EU Commission is taking steps to reinforce the robustness of the CO2 market

The European Commission adopted on 20 October 2011 a proposal for the review of financial market rules, bringing into their scope also emission allowances. As the carbon market has experienced significant growth in size and sophistication, it needs - according to the European Commission - a robust level of oversight to facilitate investments in the transition to a low-carbon economy. The lion's share of transactions in emission allowances are in the form of derivatives (futures, forwards, options), which are already subject to EU financial markets regulation ...Zum vollständigen Artikel

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