IETA concern over set-aside implementation

The International Emissions Trading Association believes market credibility in the European Union Emissions Trading Scheme could come under threat if a set-aside scheme is implemented

The International Emissions Trading Association (IETA) – a body representing participants across the carbon trading industry – has voiced concern over popular proposals for a set-aside scheme in the European Union Emissions Trading Scheme (EU ETS).

Calls for the use of a set-aside scheme – a short-term predetermined restriction in the supply of emissions allowances – have been gaining momentum