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Emissions Trading: reduced allocation of free allowances for new entrants

The European Commission adopted new measures to implement the judgment issued last April 2016 by the Court of Justice.
As reported in our previous  article, the judgment had invalidated the cross-sectoral correction factor (CSCF) used to allocate free allowances from 2013 to 2020 to stationary installations in the scope of EU-ETS, granting 10 months to the [...]

New fees charged to EU-ETS operators

Italian Decree 25 July 2016 specified the new fees in charge of Italian stationary installations operators of and aircraft operators.
Some examples of the most common fees and upcoming deadlines:

Operator holding accounts: 180 € / year / account – first payment before 15 October 2016.
Allowances allocation and reporting: 250 € – first payment before 24 October [...]

Emissions Trading: free allowances to 2020 shall be re-determined

On 28th April 2016 the EU Court of Justice declared invalid the maximum annual amount of free allowances for greenhouse gas emissions determined by the Commission for the period 2013-2020.
The judgment is a consequence of the legal actions that a number of companies included in the scope of ETS brought before the courts in Italy, [...]

Commission clears way for harmonised free allocation to industry for phase three

The European Commission adopted a decision on Member States’ national implementation measures (NIMs) for phase three of the EU Emissions Trading System (EU ETS).
The actual number of allowances handed out each year will be adjusted by a ‘cross-sectoral correction factor’ which will vary each year. This will ensure that the total amount handed out for [...]

Emissions trading: “opt-out” monitoring plans to be submitted by 30 September 2013

Starting from 1 January 2013, the European Emissions Trading System entered its third phase of implementation. Italy applies the new regulation defined by the European Directive 2009/29/EC with the Decree n. 30 of 13 March 2013, that defines simplified procedures for small installation that requested the exclusion (also called “opt-out”) from the ETS.
The Italian Competent [...]

Emissions Trading: new proposal of the EC to include the maritime sector by 1st July 2015

On 28 June 2013, the European Commission issued a proposal for maritime transport regulation on the monitoring, reporting and verification of carbon dioxide emissions from shipping sector. The COM(2013) 480 Proposal was drawn  after a public consultation occurred during 2010 (SWD(2013) 237 final), involving the main stakeholders: private companies, ship-owners, ports operators, trade unions, EU [...]

Directive 2009/29/EC transposed into Italian legislation

Decreto Legislativo n.30 of 13th March 2013, transposes Directive 2009/29/EC (Emissions Trading) into Italian legislation.
Art. 2 defines in clearer terms the scope of work of the Directive, in particular in realtion with the waste incineration plants.
GSE is appointed to set up and manage the auctioning platform for allowances. Most of the content of the decree [...]

New monitoring plans for ETS plants (2013-2020)

On Friday 16/11/2012, the Italian National Authority for the Emissions Trading Directive has published on its web site the deliberation n.27/2012, which establish the obligation for the Italian ETS plants to present the emissions monitoring plan in the new EU format for the period 2013-2020.
The Italian plants have time untill January 31st 2013 to fill in [...]

ETS third period new procedures

The European Commission has adopted this summer the new regulations on monitoring and reporting of greenhouse gas emissions and on verification and accreditation of verifiers under the EU Emissions Trading System, that will rule the third trading period of the EU ETS starting in January 2013.
The Italian ETS committee has approved the list of plants that [...]

ETS small emitters opt-out

Italian Emissions Trading plants emitting less than 25.000 tons CO2/year and with a thermal energy input lower than 35 MW can opt-out from the ETS scheme and request to be admitted to a simplified management scheme for their CO2 emissions. The deliberation of the NAtional Competent Authority can be downloaded at the folowing link (Italian).
The [...]

 
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