According to the latest status update from the European Commission, the Phase III NER is currently 70% full, with 336 million allowances still remaining out of an original 480 million. Using a simple model of how the NER works, we estimate that ~295 million allowances will be left by the end of Phase III. Explanation:
For further information, please contact damien.green@perspectiveclimate.com
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Damien GreenManaging Director Archives
February 2023
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