A committee of Member States has backed proposals to transfer carbon allowances recorded in national ETS (Emission Trading Scheme) registeries to a centralised, single, EU registry from 2012. Airlines will also be included in the future ETS.

National administartors will be given more power under the new proposal, allowing them to close accounts. Law enforcement agencies will also now be allowed to share information with the ETS administrators. It is hoped that tighter regulation will cut down the recent incidents of fraudulent behaviour, within the ETS.

Extracted from a Europa press release on the 18-02-10, for more details paste the following address in your internet browser.