The UK Government has won a court case agains the EC which should allow the UK to increase the emissions cap for UK businesses. According to the Financial Times report:

“The UK’s revised plan would see a further 20m allowances [to UK emitters], worth more than €400m at yesterday’s carbon price of more than €20 a tonne, added to the country’s existing 736m-tonne allocation.”

The court judgment is subject to appeal, so the decision may not stand.

See:
Fiona Harvey: UK wins review of greenhouse gas output limit. Financial Times, London, 2005-11-24.

This entry was posted on November 24th, 2005 at 10:25 (GMT) and is filed under EC Policy, Legislation, Policy, UK Energy Policy . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.