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EC Statement: EU Emissions Trading System and energy prices

( January 10, 2012, 15:27 GMT | Official Statement) -- Mlex Summary: In a written response to a question from an MEP, EU Climate Commissioner Connie Hedegaard says that the Emission Trading System (ETS) cannot be linked to an increase in electricity prices. The commissioner adds that moving to full auctioning of emission permits in 2013 will end windfall profits to electricity generators.Full statement follows:...

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