Phase III
Phase II of the EU ETS will begin in 2013, the changes for Phase III are currently under review as part of the Commission's Review of the EU ETS directive.
March 2008: Chancellor announces 100% UK plans to auction 100 per cent of allowances to large electricity producers in Phase III of the EU ETS from 2013. http://budget2008.treasury.gov.uk/the_environment.htm
Page last modified: 17 September 2007
Page published: 8 September 2003