8 Amendments of Hildegard BENTELE related to 2021/0164(COD)
Amendment 61 #
Proposal for a regulation
Recital 15
Recital 15
(15) In addition, to incentivise a high level of ambition for reforms and investments to be included in the REPowerEU chapter, a basket of new dedicated funding sources should be provided.
Amendment 64 #
Proposal for a regulation
Recital 15 a (new)
Recital 15 a (new)
(15a) An amount of EUR 20 billion should be provided through a basket of funding sources under the framework of the EU Emissions Trading System and the Market Stability Reserve. Of that overall amount, an amount of EUR 10 billion should be provided through a temporary and exceptional release and monetisation of a number of allowances from the Market Stability Reserve, while an amount of EUR 10 billion should be ‘frontloaded’ through the auctioning of a number of allowances in an equally distributed manner from the Climate Investment Fund, the Modernisation Fund, Member States’ auctioning share and the free allocation share to speed up essential investments.
Amendment 172 #
Proposal for a regulation
Article 4 – paragraph 1 – point -1a (new)
Article 4 – paragraph 1 – point -1a (new)
Directive 2003/87/EC
Article 10 – paragraph 1
Article 10 – paragraph 1
(-1a) in Article 10(1) of Directive 2003/87/EC, the following subparagraph is inserted after the third subparagraph: “By way of derogation from the first and second subparagraphs of this paragraph, for the period until 31 December 2026, a number of allowances shall be deducted from the volume of allowances to be allocated free of charge in accordance with Article 10a and shall be auctioned in accordance with Article 10e, until the amount of revenue obtained from such auctioning has reached EUR 2,5 billion.”
Amendment 173 #
Proposal for a regulation
Article 4 – paragraph 1 – point -1b (new)
Article 4 – paragraph 1 – point -1b (new)
Directive 2003/87/EC
Article 10 – paragraph 3
Article 10 – paragraph 3
(-1b) in Article 10(3) of Directive 2003/87/EC, the following subparagraph is inserted after the first subparagraph: “By way of derogation from the first subparagraph of this paragraph, for the period until 31 December 2026, a number of allowances shall be deducted from the volume of allowances to be auctioned by Member States in accordance with paragraph 2 of this Article and shall be auctioned in accordance with Article 10e, until the amount of revenue obtained from such auctioning has reached EUR 2,5 billion.”
Amendment 174 #
Proposal for a regulation
Article 4 – paragraph 1 – point -1d (new)
Article 4 – paragraph 1 – point -1d (new)
Directive 2003/87/EC
Article 10d – paragraph 2
Article 10d – paragraph 2
(-1c) in Article 10d(2) of Directive 2003/87/EC, the following subparagraph is added: “By way of derogation from paragraph 1 of this Article and the first subparagraph of this paragraph, for the period until 31 December 2026, a number of allowances from the volume of allowances to be auctioned for the Modernisation Fund in accordance with Article 10(1) shall be auctioned for the beneficiary Member States set out in paragraph 1, first subparagraph of this Article until the amount of revenue obtained from such auctioning has reached EUR 2,5 billion and this revenue shall be used by those Member States for the purpose of contributing to the REPowerEU objectives as set out in Article 21c(1) of Regulation (EU) 2021/241.”
Amendment 175 #
Proposal for a regulation
Article 4 – paragraph 1 – point -1c (new)
Article 4 – paragraph 1 – point -1c (new)
Directive 2003/87/EC
Article 10a – paragraph 8 – subparagraph 3 a (new)
Article 10a – paragraph 8 – subparagraph 3 a (new)
(-1c) in Article 10a(8) of Directive 2003/87/EC, the following subparagraph is inserted after the third subparagraph: “For the period until 31 December 2026, a number of allowances made available to the Climate Investment Fund in accordance with the first subparagraph of this paragraph shall be auctioned until the amount of revenue obtained from such auctioning has reached EUR 2,5 billion. This revenue shall be used for projects contributing to the REPowerEU objectives as set out in Article 21c(1) of Regulation (EU) 2021/241 and shall be implemented in accordance with the rules on the operation of the Climate Investment Fund.”
Amendment 178 #
Proposal for a regulation
Article 4 – paragraph 1 – point 1
Article 4 – paragraph 1 – point 1
Decision (EU) 2015/1814
Article 10e – paragraph 1
Article 10e – paragraph 1
(1) For the period until 31 December 2026, the following allowances shall be auctioned: (a) the allowances released pursuant to Article 1(6) of Decision (EU) 2015/1814 shall be auctioned, until the amount of revenue obtained from such auctioning has reached EUR 10 billion; (b) the allowances referred to in Article 10(1), fourth subparagraph, until the amount of revenue obtained from such auctioning has reached EUR 2,5 billion; (c) the allowances referred to in Article 10(3), second subparagraph, until the amount of revenue obtained from such auctioning has reached EUR 20,5 billion.; Thise revenue referred to in the first subparagraph of this paragraph shall be made available to the Recovery and Resilience Facility established by Regulation (EU) 2021/241for the purpose of contributing to the REPowerEU objectives as set out in Article 21c(1) of that Regulation and shall be implemented in accordance with the provisions of that Regulation.
Amendment 196 #
Proposal for a regulation
Article 5 – paragraph 1 – subparagraph 2
Article 5 – paragraph 1 – subparagraph 2
Decision (EU) 2015/1814
Article 1 – paragraph 6
Article 1 – paragraph 6
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 210 billion.