Emissions trading jigsaw takes shape

The rush towards an EU-wide market in carbon emissions involving up to 17,000 installations is gathering pace. However, the UK's draft national allocation plan has been delayed until January amid high-level debate over the stringency of the overall cap. Meanwhile, guidance from the European Commission has set out how operators should monitor and report greenhouse gas emissions - and the Commission is also calling on Member States to make new entrants buy all their allowances from the market.

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