2 Amendments of András GYÜRK related to 2021/0202(COD)
Amendment 30 #
-1 In Article 1, paragraph 5a is replaced by the following: "5a. Unless otherwise decided in the first review carried out in accordance with Article 3, from 2023 allowances held in the reserve above the total number of allowances auctioned during the previous year shall no longer be valid. (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02015D1814-2000 million allowances shall no longer be valid." Or. en 20180408&qid=1642503924151)
Amendment 35 #
Proposal for a decision
Article 1 a (new)
Article 1 a (new)
Directive 2003/87/EC
Article 29a
Article 29a
Article 1 a (new) Amendments to Directive 2003/87/EC Article 29a of Directive 2003/87/EC is replaced by the following: "Article 29a Measures in the event of excessive price fluctuations 1.If, for more than six consecutiveIf in a calendar months, the average allowance price on the European carbon market is more than threewo times the average price of allowances during the two preceding years five months period centred by the mon the European carbon market, the Commission shall immediately convene a meeting of the Committee established by Article 9 of Decision No 280/2004/EC. 2. If the price evolution referred to in paragraph 1 does not corresp two years prior to that month, 150 million allowances shall be automatically released from the market stability reserve established by Decision (EU) 2015/1814 and shall be auctioned according to Article 10 of this Directive during the second, to changing market fundamentals, one of hird and fourth monthes following measures may be adopted, taking into accountthe month in which that criteria was met. The respective auctioning amounts for each of the degthree of price evolution: (a)a measure which allows Member States to bring forward the auctioning of a part of the quantity to be auctioned; (b)a measure which allows Member States to auction up to 25 % of the remaining allowances in the new entrants reserve. Those measures shall be adopted in accordance with the management procedure referred to in Article 23(4). months shall be evenly distributed. If the amount of the allowances contained in the reserve is less than 150 million, all allowances in the reserve shall be released." Or. en (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02003L0087- 20210101&qid=1642503235409)