Netherlands unlikely to back carbon permit set-aside

According to reports in Bloomberg, The Netherlands, is unlikely to back the European Commission’s proposal to set-aside the auctioning of some carbon permits in 2013 to a later date in order to relieve a large overhang of excess carbon permits. This is backed by reports in Reuters Point Carbon that The Netherlands Environment Minister has publicly come out to say his government does not back the set-aside proposal.

The report quotes an e-mail from a spokesperson, Marie-Christine Reusken, from the Infrastructure and Environment Ministry stating that, “The Netherlands will probably not back it, although formally the Netherlands has not taken a final position”.

The Netherlands has 13 out of 345 votes in the EU’s weighted ballot system that determines policy. Poland, which has openly opposed measures to reduce the oversupply of carbon permits, has 27 votes. A blocking minority requires 91 votes.