First Austrian Government Auction Struggles with Political Changes

In June 2008, the Austrian Federal Ministry of Agriculture, Forestry, Environment and Water Management (short: Lebensministerium) announced annual auctions of 400,000 EUAs. The first auction was planned to be held in October 2008.

However, after the great coalition in Vienna fell, the first Austrian auction has been postponed to take place until after a new Government is in place and the relevant regulations have been passed.

Climex and the Lebensministerium currently work towards a forthcoming auction and plan to conduct the first Austrian auction early December. As soon as the decision on the date is finalised, it will be announced through the usual channels of the Lebensministerium, ÖEKV and Climex.