Carbon Trust calls for min permit price
According to a report in the FT, the Carbon Trust has called on the EC to set a minimum price for carbon emissions permits. They also want Governments to auction 10% of all permits.
“The Carbon Trust offers three recommendations: give all business sectors fewer free allowances than their projected ‘business as usual’; benchmark the allocations given to power generators and differentiate by technology type for incumbents but not for new entrants; and use auctions to increase supply and stabilise prices.”