Netherlands Unlikely to Back EU CO2-Permit Sales Delay Plan
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The Netherlands, the euro area’s fifth-largest economy, is unlikely to support a proposal by the European Union to delay some auctions of carbon permits as of 2013, according to the Infrastructure and Environment Ministry.
“The proposal could lead to temporarily higher costs for companies in the Netherlands that compete internationally, which could indirectly bear a disadvantage on the Dutch economy,” Marie-Christine Reusken, a spokeswoman for the ministry, said by e-mail. “The proposal could also bring further uncertainty to the carbon market.”