Brussels aims to partially reopen carbon market

Author (Person)
Series Title
Series Details 3.2.11
Publication Date 03/02/2011
Content Type

Europe’s physical carbon trading market was set for a partial reopening in early February 2011, easing concern about its future after an attack by computer hackers.

Two of the region’s national carbon permit registries (Germany and the United Kingdom) had submitted independent reports that meet requirements to restore confidence in the market after the attack.

On the 3 February 2011 the European Commission announced that France, Germany, the Netherlands, Slovakia and the United Kingdom had given reasonable assurances that the minimum security requirements were in place. Therefore these national registries would resume normal operations on 4 February 2011.

Related Links
European Commission: DG Communication: MEMO/11/66: Update on transitional measure: EU ETS registry system http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/66&format=PDF&aged=0&language=EN&guiLanguage=en
EurActiv, 7.2.11: EU spot carbon market reopens amid safety fears http://www.euractiv.com/en/climate-environment/eu-spot-carbon-market-reopens-amid-safety-fears-news-501941
European Commission: DG Communication: MEMO/11/79: Update on transitional measure: EU ETS registry system http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/79&format=PDF&aged=0&language=EN&guiLanguage=en
ESO: Background information: Confusion over spot carbon trading restart http://www.europeansources.info/record/confusion-over-spot-carbon-trading-restart/
UK: DECC: What we do > Global climate change and energy > Tackling climate change > Emissions trading > EU Emissions Trading System (EU ETS) > EU ETS Phase II (2008 – 2012) > Emissions trading registry http://www.decc.gov.uk/en/content/cms/what_we_do/change_energy/tackling_clima/emissions/eu_ets/euets_phase_ii/registry/registry.aspx
EUObserver, 6.5.11: EU proposals aim to increase security of CO2 trading http://euobserver.com/9/32275

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