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Directive (EU) 2018/410 amending Directive 2003/87/EC to enhance cost-effective emission reductions and low-carbon investments, and Decision (EU) 2015/1814.

Country/Territory
European Union
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Original source
Official Journal of the European Union L 76, 19 March 2018, pp. 3-27.
Subject
Energy, Environment gen.
Keyword
Energy conservation/energy production Special fund Air quality/air pollution Climate change Data collection/reporting Emissions Emissions trading Business/industry/corporations Monitoring Pollution control Subsidy/incentive
Geographical area
European Union Countries
Entry into force notes
This Directive shall enter into force on the twentieth day following its publication in the Official Journal of the European Union.
Abstract

This Directive introduces Emission Trading System by replacing Community scheme. This Directive makes several amendments to the Directive 2003/87/EC establishing a scheme for greenhouse gas emission allowance trading within the Union regarding the coordination with the Directive 2010/75/EU on industrial emissions (integrated pollution prevention and control); transitional measures to support certain energy intensive industries in the event of carbon leakage; option for transitional free allocation for the modernisation of the energy sector; the establishment of the Modernisation Fund to modernise energy systems and improve energy efficiency; validity of allowances; monitoring, reporting and verification for the purpose of the global market-based measure; and the implementation of the Paris Agreement and the development of carbon markets in other major economies. This Directive inserts Articles 22a and 27a to the Directive 2003/87/EC regarding the procedure of the Climate Change Committee and the exclusion of Member States from the EU ETS installations emitting less than 2 500 tonnes. This Directive amends Article 1 of Decision (EU) 2015/1814 regarding the allowances.

Full text
English
Website
eur-lex.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

Decision (EU) 2015/1814 of the European Parliament and of the Council concerning the establishment and operation of a market stability reserve for the Union greenhouse gas emission trading scheme and amending Directive 2003/87/EC.

Legislation | European Union | 2015

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

Source: FAO, FAOLEX