The Czech carbon emissions registry OTE AS aims to reopen in the week of Feb. 21, but it's up to the European Commission to grant clearances that would enable resumed trading, an official at the registry said Friday.
The Czech carbon emissions registry
OTE
AS
aims
to reopen in the week of Feb. 21, but it's up to the European Commission to grant
clearances that would enable resumed trading, an official at the registry said
Friday.
"I can't say an exact date, but we are doing everything possible so that
we could reopen in that week," Zuzana Zahorovska, a deputy registry
administrator said.
The Czech registry of carbon emission allowances has been closed since spot
market trade of the permits was halted Jan. 19 by a decree from the European
Commission following the EUR28 million electronic theft of emissions allowances
in three European Union countries, including the
Czech
Republic
.
The commission is demanding that all of the EU's 27 national registries undergo
independent audits of security and then submit documentation verifying the
audit to
Brussels
for
review.
Zahorovska said she wasn't authorized to say whether OTE had already completed
the audits nor to say whether OTE had sent the documentation to
Brussels
.
"Once the commission has the report, it will need a few days to review it
before it can permit us to reopen," Zahorovska said.
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