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Act No. 99 of 2004 relating to greenhouse gas emission allowance trading and the duty to surrender emission allowances (Greenhouse Gas Emission Trading Act).

Country/Territory
Norway
Document type
Legislation
Date
2004 (2019)
Source
FAO, FAOLEX
Subject
Air & atmosphere
Keyword
Air quality/air pollution Ozone layer Emissions Data collection/reporting Internal trade Offences/penalties Environmental standards Pollution control Climate change Standards Protection of environment
Geographical area
Europe, Europe and Central Asia, North Atlantic, North Sea, North-East Atlantic, Northern Europe
Abstract

The purpose of this Act is to limit emissions of greenhouse gases in a cost-effective manner by means of a system of quota requirements for greenhouse gas emissions and freely transferable emission allowances. This Act applies to emissions within the realm and to emissions from activities on the Norwegian part of the continental shelf, subject to any restrictions deriving from international law. This Act applies to CO2 emissions listed in section 3. An operator shall by 1 May each year transfer a number of allowances corresponding to the volume of emissions for which reporting is mandatory generated by the installation in the previous calendar year to a specified retirement account in the registry. In addition, a discharge permit pursuant to section 11 of the Pollution Control Act is required. In determining the total number of allowances to be allocated, the King shall among other things take into account Norway’s international commitments to reduce greenhouse gas emissions, actual and projected emissions in Norway, the proportion of actual and projected emissions that come within the scope of section 3, the fact that discrimination between sectors and enterprises should be avoided, and the technological and economic potential for reducing emissions that come within the scope of section 3. Sections 7 and 8 concern the method of allocation of allowances. The Norwegian Emissions Trading Registry shall contain information on the allocation, issue, holding, transfer, surrender and cancellation of allowances. Other provisions concern reporting and control and prescribe offences and penalties.

Full text
English/Norwegian
Website
www.ub.uio.no; www.lovdata.no

References - Legislation

Implemented by

Greenhouse Gas Emission Regulation No. 1851.

Legislation | Norway | 2004

Keyword: Emissions, Air quality/air pollution, Authorization/permit, Monitoring, Ozone layer, Hazardous substances, Environmental standards, Pollution control, Standards, Protection of environment, Data collection/reporting, Climate change

Source: FAO, FAOLEX

Delegation of authority to the Ministry of Climate and Environment pursuant to Section 3a of the Greenhouse Gas Emission Trading Act (No. 858 of 2019).

Legislation | Norway | 2019

Keyword: Emissions, Air quality/air pollution, Pollution control, Climate change

Source: FAO, FAOLEX

Amended by

Act amending Act relating to greenhouse gas emission allowance trading (No. 29 of 2004).

Legislation | Norway | 2012

Keyword: Offences/penalties, Royalties/fees, Emissions, Environmental standards, Standards, Protection of environment

Source: FAO, FAOLEX