Everything News Jobs Opportunities Events Products/Services
more
 
About
Go to Home
Sign Up Sign in

The Low Carbon Economy Ltd

20 Jan 2011 10:01:13

EU carbon accounts locked after security breach



EU carbon accounts locked after security breach
Breaches in security led the European Union (EU) to lock all accounts on the carbon markets yesterday (January 19th).

The move follows the loss of almost €7 million (£5.9 million) of trading permits from the carbon registry of the Czech Republic, which authorities believe were stolen.

Blackstone Global Ventures told the news agency Reuters that 475,000 carbon permits had left its account in the country.

"We do know that the first delivery point for the EUAs (permits) was Estonia. After that we have no other information," Daniel Butler, from the firm, said.

Earlier this month, authorities were put on alert following a hacking attack on the Austrian carbon registry and Reuters said the latest breaches could dissuade other nations from implementing similar emissions trading schemes.

Jos Delbeke, a European climate official, told the news provider he was "speechless about the negligence some member states have been showing".

The suspension is set to last until at least January 26th.

Launched in 2005, the EU Emissions Trading scheme covers 11,000 power stations and industrial facilities in 30 countries.  ADNFCR-1235-ID-800353665-ADNFCR


Discussion Thread  

 


The Low Carbon Economy Ltd Community



Related Items From Everyone


  1. 2015 Global Small Hydropower Industry Report is a professional and in-depth research report on...

    26 Oct 2015
  2. OCG Lighting Organisations

    OCG Lighting specialise in advanced lighting solutions, delivering innovative...

  3. Specialists in Power Factor Correction Design and Manufacture, Electrical...

  4. This is a case study of a Angus Super 40kW wood gasification log boiler that was installed in a...

  5. The UK's ONLY dedicated energy event. The Energy Event focuses solely on...




Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback

RSS



We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.