Czech CO2 Registry: Impossible To Say When Market Will Reopen

Czech CO2 Registry: Impossible To Say When Market Will Reopen
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Πεμ, 27 Ιανουαρίου 2011 - 15:11
Ongoing police investigations mean Czech and other European carbon dioxide trading registries are to remain closed indefinitely, the head of the Czech registry said Thursday.
Ongoing police investigations mean Czech and other European carbon dioxide trading registries are to remain closed indefinitely, the head of the Czech registry said Thursday.

"It's now impossible to predict a date for restoring the activity of our registry, just like with pan-European organized trade of emissions allowances," Jiri Stastny, chairman of
OTE AS , the Czech state-owned emissions registry, told Dow Jones Newswires in an email response to questions.

The causes of the indefinite delay are "organizational and the ongoing police investigations" rather than technical problems within the registry itself, he said.

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