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Emissions trading: Germany announces interim volumes of allocations for third trading period
Free certificates will no longer be issued to power plant operators for electricity production in the third trading period (2013-2020). This announcement comes from the Federal Environment Agency (UBA), where the German Emissions Trading Authority (DEHSt) is also located. Some 1.4 billion emission certificates distributed to 1,814 installations will be allocated free of charge in Germany between 2013 and 2020. The figures on the list of the numbers of certificates allocated to each installation are provisional, as they must be reviewed by the European Commission and possibly reduced by a correction factor. Germany submitted its so-called NIMs List to the European Commission on 7 May 2012. read more