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A single registry will replace national ones (Photo: DerGuy82)

EU steps up security of emissions trading system

EU member states have backed tighter security measures for the EU's emissions trading system (ETS), after cyber-thieves hacked in earlier this year and stole roughly €30 million in carbon credits.

On Friday (17 June) a committee of member state experts opted to support a raft of anti-fraud measures proposed by the European Commission, with the approval of MEPs and national ministers still needed.

National registries, where carbon permits are traded, ground to a halt for 15 days ...

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A single registry will replace national ones (Photo: DerGuy82)

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