Decision No. 1359/2013/EU of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

Subject

Air & atmosphere

Keyword

Pollution control Air quality/air pollution Ozone layer Climate change Emissions Monitoring Data collection/reporting Environmental standards Standards Protection of environment

Geographical area

European Union Countries

Abstract

The present Decision supplements article 10(4) of Directive 2003/87/EC in order to clarify how volumes of greenhouse gas emission allowances to be auctioned are to be distributed over the trading period. In particular it is hereby specified that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period referred to in article 13(1) beginning on 1 January 2013 so as to ensure the orderly functioning of the market.

Full text

English

Website

europa.eu

References - Legislation

Amends

Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC.

Legislation | European Union | 2003 (2023)

Keyword: Pollution control, Air quality/air pollution, Ozone layer, Climate change, Emissions, Authorization/permit, Policy/planning, Monitoring, Data collection/reporting, Environmental standards, Emissions trading, Capacity building, Financing, Renewable energy, Research, Standards, Protection of environment, Afforestation/reforestation, Forest management/forest conservation

Source: FAO, FAOLEX