Activities of Edina TÓTH related to 2021/0202(COD)
Plenary speeches (1)
Binding annual greenhouse gas emission reductions by Member States (Effort Sharing Regulation) - Land use, land use change and forestry (LULUCF) - Revision of the Market Stability Reserve for the EU Emissions Trading System (debate)
Amendments (2)
Amendment 83 #
Proposal for a decision
Article 1 – paragraph 1 a (new)
Article 1 – paragraph 1 a (new)
Decision (EU) 2015/1814
Article 1 – paragraph 5 a
Article 1 – paragraph 5 a
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%3A02015D1814-2 000 million allowances shall no longer be valid.” Or. en 20180408&qid=1642503924151)
Amendment 90 #
Proposal for a decision
Article 1 a (new)
Article 1 a (new)
Directive 2003/87/EC
Article 29 a
Article 29 a
Article 1a 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 account the degree of price evolution: (a) States to bring forward the auctioning of a part of the quantity to be auctioned; (b) 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). 3. account of the reports submitted by the Commission to the European Parliament and to the Council pursuant to Article 29, as well as any othe month in which that criteria was met. The respective auctioning amounts for each of the three months shall be evenly distributed. If the amount of the allowances contained in the reserve is less than 150 million, all allowances in ther relevant information provided by Member States.4.The arrangements for the application of these provisions shall be laid down in the [acts] referred to in Article 10(4). (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02003L0087-serve shall be released. " a measure which allows Member a measure which allows Member Any measure shall take utmost Or. en 20210101&qid=1642503235409)