Companies|Energy & Green Biz
Chris Johnstone|01.06.2012

Brussels rebuffs ‘free’ Czech carbon allowances bid

Chunks of a Ministry of Environment–piloted bid to reward Czech power companies, primarily state-controlled ČEZ, with free carbon emissions allowances in return for investments in cleaner electricity production have been rejected by Brussels officials with another problem stemming from concerns that Czech bid will excessively boost ČEZ’s market position.

Comments:0