8 Amendments of Karin KARLSBRO related to 2021/0164(COD)
Amendment 49 #
Proposal for a regulation
Recital 13
Recital 13
(13) The application of the ‘do no significant harm’ principle is essential to ensure that the investments and reforms undertaken as part of the recovery from the pandemic are implemented in a sustainable manner. It should continue to apply to the reforms and investments supported by the Facility, with one targeted exemption to safeguard the EU’ immediate energy security concerns. Considering the objective of diversifying energy supplies away from Russian suppliers, the reforms and investments set out in those REPowerEU chapters which aim to improve energy infrastructure and facilities to meet immediate security of supply needs for oil and gas should not be required to comply with the principle of ‘do no significant harm’ and should therefore be exempted from such assessment.
Amendment 66 #
Proposal for a regulation
Recital 16
Recital 16
(16) While extending the current intake rate of allowances to the Market Stability Reserve is needed to prevent in long term a significant increase of the surplus of allowances in the greenhouse gas emission allowance trading within the Union, tThe current economical and geopolitical situation requires the Union to mobilise available resources to rapidly diversify Union’s energy supply and reduce dependence on fossil fuels before 2030. In this context, Decision (EU) 2015/1814 of the European Parliament and of the Council4 and Directive 2003/87/EC of the European Parliament and of the Council5 should be amended to extend the doubling of the 24% intake rate of the Market Stability Reserve until 2030, while allowing for an exceptional release and monetisation of a portion of allowances from the Market Stability Reserve and directing revenues towards reforms and investments contributing to REPowerEU objectives, in the Recovery and Resilience Facility frameworkdirect revenues from the auctioning of allowances towards reforms and investments contributing to REPowerEU objectives, in the Recovery and Resilience Facility framework. In keeping with the objectives of Directive 2003/87/EC, such revenues should not finance investments in fossil fuel infrastructure or facilities. __________________ 4 Decision (EU) 2015/1814 of the European Parliament and of the Council of 6 October 2015 concerning the establishment and operation of a market stability reserve for the Union greenhouse gas emission trading scheme and amending Directive 2003/87/EC, OJ L 264/1 5 Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC
Amendment 75 #
Proposal for a regulation
Recital 17 a (new)
Recital 17 a (new)
(17a) The EU Emission Trading System (ETS) was established to create an efficient, predictable and market driven system for reducing emissions and tackling the climate crises. While the amendment to Directive 2003/87/EC is justified by an exceptional situation, it remains important not to undermine trust in the ETS market through short-term interventions, and this amendment should therefore be seen as a one-off measure, which will not be repeated
Amendment 129 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Regulation (EU) 2021/241
Article 21c – paragraph 1 – point a
Article 21c – paragraph 1 – point a
(a) improving energy infrastructure and facilities to meet immediate security of supply needs for oil and gas, notably to enable diversification of supply in the interest of the Union as a whole,; revenue raised in line with Article 10e(4) of Directive 2003/87/EC shall not contribute to this objective.
Amendment 161 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
(4) By way of derogation from Articles 5(2), 17(4), 18(4) point (d) and 19(3) points (d), tThe principle of “do no significant harm” within the meaning of Article 17 of Regulation (EU) 2020/852 shall not apply to the reforms and investments expected to contribute to the REPowerEU objectives under paragraph 1, point (a) of this Article.
Amendment 180 #
Proposal for a regulation
Article 4 – paragraph 1 – point 1
Article 4 – paragraph 1 – point 1
Directive 2003/87/EC
Article 10e – paragraph 1
Article 10e – paragraph 1
(1) For the period until 31 December 2026, the allowances released pursuant to Article 1(6) of Decision (EU) 2015/1814an amount of allowances from the total quantity of allowances shall be auctioned until the amount of revenue obtained from such auctioning has reached EUR 20 billion. This revenue shall be made available to the Recovery and Resilience Facility established by Regulation (EU) 2021/241 and shall be implemented in accordance with the provisions of that Regulation. These allowances shall be taken in equal shares from the quantity to be auctioned in accordance with the second subparagraph of Article 10 and the quantity that would otherwise be allocated free of charge.
Amendment 184 #
Proposal for a regulation
Article 4 – paragraph 1 – point 1
Article 4 – paragraph 1 – point 1
Directive 2003/87/EC
Article 10e – paragraph 1 a (new)
Article 10e – paragraph 1 a (new)
(1a) The revenue from auctioning those allowances shall not contribute to investments in fossil fuel infrastructures or facilities.
Amendment 189 #
Proposal for a regulation
Article 5
Article 5
Decision (EU) 2015/1814
Article 1
Article 1
Amendments to Decision (EU) 2015/1814 Article 1 of Decision (EU) 2015/1814 is amended as follows: In paragraph 5, first subparagraph, the third sentence is replaced by the following: ‘ By way of derogation from the first and second sentences, until 31 December 2030, the percentages and the 100 million allowances referred to in those sentences shall be doubled. ’ In paragraph 6, the following subparagraph is added: ‘ By way of derogation from the first subparagraph, for a period until 31 December 2026, a number of allowances shall be released from the reserve and auctioned in accordance with Article 10e of Directive 2003/87/EC, until the amount of revenue obtained from such auctioning has reached EUR 20 billion. ’rticle 5 deleted