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Notiziario Marketpress di
Giovedě 14 Aprile 2005
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EMISSIONS TRADING: COMMISSION APPROVES CZECH ALLOCATION PLAN THE |
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Brussels, 12 April 2005 - European Commission unconditionally accepted the Czech Republic’s plan allocating Co2 emission allowances to Czech companies for the 2005-2007 trading period. This follows a recent amendment of the plan by the Czech authorities to lower the amount of allowances allocated, a move that the Commission warmly welcomes. The Eu Emissions Trading Scheme allows for greenhouse gas emissions from the power sector and from energy-intensive plants to be cut at least cost to the economy Environment Commissioner Stavros Dimas said: “I am very glad that we reached agreement with the Czech Republic on the the amount of allowances they intended to allocate. The plan is fully consistent with the Emissions Trading Directive. It will especially benefit Czech companies because the Czech Government can now proceed to issue the allowances and the companies will quickly be able to fully participate in emissions trading." The Czech allocation plan The Czech allocation plan covers 436 installations, and all installations qualify for trading. They will be allocated 292.8 million allowances (covering 292.8 million tonnes of Co2) for the 2005-2007 trading period. The Czech Government first intended to allocate 323.64 million allowances, but accepted the Commission's argument that this amount would not have been in line with projected emissions in the coming years and allocation criteria listed in an annex to the Emissions Trading Directive. Background National allocation plans show how many Co2 emission allowances Member States plan to allocate for the 2005-2007 trading period, and how many each plant will receive. The Commission's task is to scrutinise the plans against the eleven allocation criteria. Criteria other than the second one, which relates to emissions developments, seek to ensure consistency with the country's overall strategy to reach its Kyoto target, non-discrimination, respect for Eu competition and state aid rules, and certain technical aspects. The Commission may accept a plan in part or in full. The Commission has now assessed the plans of 23 Member States. The assessment of the plans of Greece and Italy is ongoing. Http://europa.eu.int/comm/environment/climat/emission.htm
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