EU Carbon-Permit Set-Aside Requires Change of Law, Poland Says
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European Union law doesn’t allow withholding carbon allowances from the market and would need to be changed to enable temporary curbs of supply, according to a senior Polish government official.
An option floated by the European Commission to delay auctions of permits in a simplified procedure, often referred to as a set-aside, would violate the law, said the official, who declined to be identified, citing policy.