All Questions

Filter by
Sorted by
Tagged with
11
votes
1answer
3k views

Why did British Steel have to borrow 120 million pounds (from the government) to cover its ETS obligations?

Can someone clarify why British Steel had to receive a UK government loan for this sum of 120 million pounds? Did British Steel need this money to buy ETS allowances, or were these fines for not ...
3
votes
0answers
43 views

Where does the EU ETS fine money go?

An EU ETS factsheet says: A business is penalised if it does not surrender enough allowances. It has to buy allowances to make up the shortfall, is “named and shamed” by having its name ...
1
vote
0answers
22 views

Does the EU ETS primary auction money pass through the “EU coffers” at all?

As far as I could discover, although the EU runs a centralized Union Registry for ETS transactions, in which all member states must participate (well the UK was suspended at the beginning of this year)...