EU emissions trading: Judge rejects challenge to suspension of free allowances

A judge has rejected a challenge to the UK government’s decision not to support an oil and gas company affected by the suspension of its free emissions allowances for the EU emissions trading system (ETS) in the run-up to Brexit.

Repsol, a company that operates an offshore oil and gas installation called Bleo Holm, did not receive €2m in free ETS allowances for 2018 as a result of a decision to suspend the free allocation of allowances to UK companies made by the European Commission, which feared that the UK’s departure from the EU would lead to a glut of free allowances on the market. 

Please sign in or register to continue.

Sign in to continue reading

Having trouble signing in?

Contact Customer Support at
or call 020 8267 8120

Subscribe for full access

or Register for limited access

Already subscribe but don't have a password?
Activate your web account here