Neither the German carbon trading register, nor the EEX platform were directly affected by the recent hacking attacks on the EU Emission Trading Scheme. However, we share the deep concerns for the level of confidence in the European carbon market.
Given the fact that the EU ETS is the most important instrument for curbing European carbon emissions, restoring trust in carbon markets is of paramount importance for Europe as a whole.
EEX very much welcomes the re-opening of the German and four other carbon trading registers this Friday 4 February and looks forward to the sector re-gaining its rightful levels of confidence.
EEX takes the issue of security very seriously and has continuously invested heavily in its security infrastructure in the past and will maintain this investment to ensure that safety levels of its systems and procedures are secured to the highest degree possible. The robustness of EEX as an efficient and attractive allocation platform for emission allowances, especially amongst compliance buyers, has been recognised in a recent report by the German Federal Environment Agency.
EEX believes that its operational platform and approach makes it the best in Europe and looks forward to tendering for the auctioning of third phase emission allowances.
FTSE Mondo Visione Exchanges Index:
Carbon Register Re-Opening. Statement By Dr Hans-Bernd Menzel, CEO, EEX
Date 03/02/2011