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The Auctioning Regulation, a "solid basis for auctions of phase 3 allowances", to enter in...

  • Start date : 18/11/2010 00:00:00

The European Commission adopted formally on 12 November 2010 the Auctioning Regulation. According to Director-General of DG Climate Action Jos Delbeke, "The Regulation is a solid basis for auctions of phase 3 allowances. The Commission is fully committed to ensure a smooth transition to large-scale auctions".

 

The text of the Auctioning Regulation has been published in the Official Journal on 18 November and will therefore enter into force tomorrow.