4 Amendments of Jerzy BUZEK related to 2021/0202(COD)
Amendment 17 #
Proposal for a decision
Recital 8 a (new)
Recital 8 a (new)
(8a) To effectively align emissions trading with the 2030 climate targets, strengthen the ETS resilience to price shocks, and increase planning certainty for the development of and investment in decarbonisation technologies, ad hoc interventions in the market stability reserve must be carefully scrutinized and where possible avoided.
Amendment 18 #
Proposal for a decision
Recital 10 a (new)
Recital 10 a (new)
(10a) It has been observed that the delay between the publication of the total number of allowances in circulation and the start of the period where allowances are placed in the market stability reserve by deducting certain quantities from the volume of allowances to be auctioned, currently of three and a half months, incentivises a speculative behaviour leading to an artificial increase of prices of allowances. This delay should therefore be reduced to one month and a half.
Amendment 19 #
Proposal for a decision
Recital 12 a (new)
Recital 12 a (new)
(12a) Any review and adjustment to the market stability reserve should aim to minimize regulatory complexity and market speculation, while ensuring a maximum degree of market predictability and fitness of the EU Emissions Trading System in line with the Union’s increased climate ambition for 2030.
Amendment 33 #
Proposal for a decision
Article 1 – paragraph 1
Article 1 – paragraph 1
Decision (EU) 2015/1814
Article 1 – paragraph 5 – subparagraph 1a
Article 1 – paragraph 5 – subparagraph 1a
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, if during the preceding year period on the European carbon market the average allowance price is lower than EUR 30.