The European Commission has given its green light for Poland to provide its power firms with free carbon allowances after the next phase of the EU's Emissions Trading Scheme starts in 2013.
Poland is one of eight EU countries heavily reliant on fossil fuel that have applied for exemptions from buying carbon permits after 2013. A decision is still pending regarding Hungary, but the EC already estimates that close to 673 million allowances will be allocated for free to power plants in Bulgaria, Cyprus, the Czech Republic, Estonia, Lithuania, Poland and Romania between 2013 and 2019. The number of allowances is set to be reduced each year and reach zero in 2020.
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