52 Amendments of Patrizia TOIA related to 2015/0148(COD)
Amendment 56 #
Proposal for a directive
Recital 3
Recital 3
(3) The European Council confirmed that a well-functioning, reformed EU ETS with an instrument to stabilise the market will be the main European instrument to achieve this target, with an annual reduction factor of 2.2% from 2021 onwards, free allocation not expiring but existing measures continuing after 2020 to prevent the risk of carbon leakage due to climate policy, as long as no comparable efforts are undertaken in other major economies, without reducing the share of allowances to be auctioned. The auction share should be expressed as a percentage figure in the legislation, to enhance planning certainty as regards investment decisions, to increase transparency and to render the overall system simpler and more easily understandable. However, those orientations decided by the European Council may not be sufficient to fulfil the EU's commitments taken during the COP21, therefore an annual reduction factor of 2.4% is advisable.
Amendment 60 #
Proposal for a directive
Recital 4
Recital 4
(4) It is a key Union priority to establish a resilient Energy Union to provide secure, sustainable, competitive and affordable energy to its citizens. Achieving this requires continuation of ambitious climate action with the EU ETS as the cornerstone of Europe’s climate policy, and progress on the other aspects of Energy Union17. Implementing the ambition decided in the 2030 framework contributes to delivering a meaningful carbon price and continuing to stimulate cost-efficient greenhouse gas emission reductions. Regrets that the carbon price signal is right now too weak to induce low carbon investment in EU for industries. Whereas the EU is facing a serious investment leakage to third countries, whereas on the other hand a number of undertakings have been pursuing strategies focusing on short-term financial returns at the detriment of innovation, investments in R&D, employment and skills 'renewal; whereas production innovation has a positive effect on employment growth in all phases of the business cycle of industries; whereas involving workers in innovation and strategy definition is the best way to guarantee economic and environmental success. __________________ 17 COM(2015)80, establishing a Framework Strategy for a Resilient Energy Union with a Forward-Looking Climate Change Policy
Amendment 90 #
Proposal for a directive
Recital 7
Recital 7
(7) To preserve the environmental benefit of emission reductions in the Union while actions by other countries do not provide comparable incentives to industry to reduce emissions, free allocation should continue to installations in sectors and sub- sectors at genuine risk of carbon leakage. Experience gathered during the operation of the EU ETS confirmed that sectors and sub-sectors are at risk of carbon leakage to varying degrees, and that free allocation has prevented carbon leakage. While some sectors and sub-sectors can be deemed at a higher risk of carbon leakage, others are able to pass on a considerable share of the costs of allowances to cover their emissions in product prices without losing market share and only bear the remaining part of the costs so that they are at a low risk of carbon leakageThe aim of the free allocation is not to give operational subsidies to the firm but to incentivize and finance investments in mitigation technologies against climate change in the industry. The Commission should determine and differentiate the relevant sectors based on their trade intensity and their emissions intensity to better identify sectors at a genuine risk of carbon leakage. Where, based on these criteria, a threshold determined by at a genuine risk of carbon leakage. Where a certaking into account the respective possibility for sectors and sub-sectors concerned to pass on costs in product priceshold is exceeded, the sector or sub-sector should be deemed at risk of carbon leakage. Others should be considered at a low risk or at no risk of carbon leakage. Taking into account the possibilities for sectors and sub-sectors outside of electricity generation to pass on costs in product prices should also reduce windfall profits.
Amendment 110 #
Proposal for a directive
Recital 8 a (new)
Recital 8 a (new)
(8a) Earmarking is a key element in order for ETS Phase IV to finally trigger a virtuous circle. The Member-States should spend at least 80% of the auction revenues on climate actions listed in this Directive, and undertakings which receive free allocations in excess should use this resource exclusively on low carbon investment in the installations.
Amendment 121 #
Proposal for a directive
Recital 9
Recital 9
(9) Member States should partiawilly compensate, in accordance with state aid rulesthrough a centralized arrangement at European level, certain installations in sectors or sub- sectors which have been determined to be exposed to a significant risk of carbon leakage because of costs related to greenhouse gas emissions passed on in electricity prices. A harmonised system will therefore avoid competitive distortions in between Members States. The Protocol and accompanying decisions adopted by the Conference of the Parties in Paris need to provide for the dynamic mobilisation of climate finance, technology transfer and capacity building for eligible Parties, particularly those with least capabilities. Public sector climate finance will continue to play an important role in mobilising resources after 2020. Therefore, auction revenues should also be used for climate financing actions in vulnerable third countries, including adaptation to the impacts of climate. The amount of climate finance to be mobilised will also depend on the ambition and quality of the proposed Intended Nationally Determined Contributions (INDCs), subsequent investment plans and national adaptation planning processes. Member States should also use auction revenues to promote skill formation and reallocation of labour affected by the transition of jobs in a decarbonising economy.
Amendment 128 #
Proposal for a directive
Recital 9 a (new)
Recital 9 a (new)
(9a) Whereas the increase of the CO2 price would drive an investment shift to cleaner sources and processes, it has also potentially adverse effects on employment and purchasing power of the European citizens. The EU should monitor the social effects of CO2 price in order to avoid more inequalities and to incentivise job creation.
Amendment 136 #
Proposal for a directive
Recital 11
Recital 11
(11) A Modernisation Fund should be established from 2% of the total EU ETS allowances, and auctioned in accordance with the rules and modalities for auctions taking place on the Common Auction Platform set out in Regulation 1031/2010. Member States who in 2013 had a GDP per capita at market exchange rates of below 60% below the Union average should be eligible for funding from the Modernisation Fund and derogate up to 2030 from the principle of full auctioning for electricity generation by using the option of free allocation in order to transparently promote real investments modernising their energy sector in line with the Union's 2030 and 2050 climate&energy goals, while avoiding distortions of the internal energy market. The rules for governing the Modernisation Fund should provide a coherent, comprehensive and transparent framework to ensure the most efficient implementation possible, taking into account the need for easy access by all participants. The function of the governance structure should be commensurate with the purpose of ensurrules and eligibility criteria of this Fund should be set ing the appropriate use of the funds. That governance structure should be composed of an investment board and a management committee and due account should be taken of the expertise of the EIB in the decision-making process unless support is provided to small projects through loans from a national promotional banks or through grants via a national programme sharing the objectives of the Modernisation Fund. Investments financed from the fund should be proposed by the Member Stateis Directive, but the governance and steering should be up to the beneficiary Member-States, assisted by an advisory board which composition combines local inputs, financial expertise, social partners’ dialogue and civil society views. To ensure that the investment needs in low income Member States are adequately addressed, the distribution of funds will take into account in equal shares verified emissions and GDP criteria. The financial assistance from the Modernisation Fund could be provided through different forms.
Amendment 143 #
Proposal for a directive
Recital 12
Recital 12
(12) The European Council confirmed that the modalities, including transparency, of the optional free allocation to modernise the energy sector in certain Member States should be improved. Investments with a value of €10 million or more should be selected by the Member State concerned through a competitive bidding process on the basis of clear and transparent rules to ensure that free allocation is used to promote real investments modernising the energy sector in line with the Energy Union objectives. The list of projects, both selected and not, should be public. Investments with a value of less than €10 million should also be eligible for funding from the free allocation. The Member State concerned should select such investments based on clear and transparent criteria set in this Directive. The results of this selection process should be subject to public consultation. The public should be duly kept informed at the stage of the selection of investment projects as well as of their implementation.
Amendment 153 #
Proposal for a directive
Recital 12 a (new)
Recital 12 a (new)
(12a) Whereas financial support for regions and sectors which depend on carbon-intensive activities will be essential to implementing a just transition in Europe. The impact of the energy transition on these regions and sectors has to be better assessed and taken into account especially considering the future of those workers who will be affected.
Amendment 155 #
Proposal for a directive
Recital 13
Recital 13
(13) EU ETS funding should be coherent with other Union funding programmes, including European Structural and Investment Funds, Horizon 2020 and the European fund for Strategic investments so as to ensure the effectiveness of public spending.
Amendment 164 #
Proposal for a directive
Recital 16 a (new)
Recital 16 a (new)
(16a) The report on the functioning of the carbon market including the implementation of the auctions, liquidity and the volumes traded shall also address the interaction between the EU ETS and other climate and energy measures at European and national level, and shall analyse the implications of various policy instruments on the level of demand for EU allowances and its consequences on the supply-demand balance in the carbon market. It is important to improve policy coordination through ex-ante assessments and ex-post analysis of the impacts of overlapping policies;
Amendment 165 #
Proposal for a directive
Recital 16 b (new)
Recital 16 b (new)
(16b) In order to considerably reduce the administrative burden faced by companies, the European Commission could consider measures such as for example automating the submission and verification of emissions reports, fully exploiting the potential of information and communication technologies;
Amendment 182 #
Proposal for a directive
Article 1 – paragraph 1 – point 2 a (new)
Article 1 – paragraph 1 – point 2 a (new)
Article 6
Paragraph 2
Amendment 183 #
Proposal for a directive
Article 1 – paragraph 1 – point 2 b (new)
Article 1 – paragraph 1 – point 2 b (new)
Article 7
(2b) Article 7 is amended as follows: Without undue delay, the operator shall inform the competent authority of any planned changes to the nature or functioning of the installation, or any extension or significant reduction of its capacity, which may require updating the greenhouse gas emissions permit. Where appropriate, the competent authority shall update the permit. Where there is a change in the identity of the installation's operator, the competent authority shall update the permit to include the name and address of the new operator.
Amendment 189 #
Proposal for a directive
Article 1 – paragraph 1 – point 3
Article 1 – paragraph 1 – point 3
Article 9 paragraph 2
Article 9 paragraph 3
Starting in 2021, the linear factor shall be 2.24%.
Amendment 217 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point a – subparagraph 2a (new)
Article 1 – paragraph 1 – point 4 – point a – subparagraph 2a (new)
Article 10
Paragraph 1 – subparagraph 3a (new)
Up to 2% of the total quantity of allowances between 2021 and 2030 shall be auctioned to establish a harmonised compensation scheme as set out in article 10a, paragraph 6, of this Directive.
Amendment 226 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point b a (new)
Article 1 – paragraph 1 – point 4 – point b a (new)
(ba) paragraph 3 is amended as follows: Member States shall determine the use of revenues generated from the auctioning of allowances, within the frame set hereafter. At least 80% of the revenues generated from the auctioning of allowances referred to in paragraph 2, including all revenues from the auctioning referred to in paragraph 2, points (b) and (c), or the equivalent in financial value of these revenues, shall be used for one or more of the following:
Amendment 228 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point b b (new)
Article 1 – paragraph 1 – point 4 – point b b (new)
Article 10
Paragraph 3 (a)
(bb) In paragraph 3, the point (a) is modified as follows: to reduce greenhouse gas emissions, including by contributing to the Global Energy Efficiency and Renewable Energy Fund, to the Adaptation Fund as made operational by the Poznan Conference on Climate Change (COP 14 and COP/MOP 4) and to the Green Climate Fund; to adapt to the impacts of climate change and to fund research and development as well as demonstration projects for reducing emissions and for adaptation to climate change, including participation in initiatives within the framework of the European Strategic Energy Technology Plan and the European Technology Platforms;
Amendment 229 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point b c (new)
Article 1 – paragraph 1 – point 4 – point b c (new)
Article 10
Paragraph 3 (b)
(bc) In paragraph 3, the point (b) is modified as follows: to develop renewable energies to meet the engagements of using 30 % renewable energies by 2030, as well as to develop other technologies contributing to the transition to a safe and sustainable low- carbon economy and to help meet the engagements to increase energy efficiency by 40 % by 2030;
Amendment 233 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point c
Article 1 – paragraph 1 – point 4 – point c
Article 10
Paragraph 3 (j)
Amendment 244 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point c
Article 1 – paragraph 1 – point 4 – point c
Article 10
Paragraph 3 point m (new)
(la) measures which favour the recycling of base materials as a part of the circular economy;
Amendment 255 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point d a (new)
Article 1 – paragraph 1 – point 4 – point d a (new)
Article 10
Paragraph 5
(da) Paragraph 5 is complemented as follows: Refers in this regard to the obligation bore by Member States to inform the Commission as to the use of ETS revenues; underlines that increased transparency would help citizens see how ETS revenues are being used by national authorities.
Amendment 257 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point d b (new)
Article 1 – paragraph 1 – point 4 – point d b (new)
Article 10
Paragraph 5a
(db) A new paragraph 5a is added: The Commission shall build a database providing information on the carbon content of products made by the industry covered by the ETS.
Amendment 258 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point d c (new)
Article 1 – paragraph 1 – point 4 – point d c (new)
Article 10
Paragraph 5b
(dc) A new paragraph 5b is added: The Commission shall publish every two years on the basis of a harmonised information from Member-States the impact of the ETS carbon price on the purchasing power of the citizens. On this basis, the Member-States are invited to compensate the impact of the ETS carbon price on the purchasing power of households in situation of energy poverty.
Amendment 259 #
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point d d (new)
Article 1 – paragraph 1 – point 4 – point d d (new)
Article 10
Paragraph 6 (new)
(dd) A new paragraph 6 is added: "Every two years Member States shall communicate to the Commission the closures of electricity generation capacity due to national measures. The Commission shall calculate the equivalent number of allowances that these closures represent. Member States may surrender a corresponding volume of allowances and place them into the MSR."
Amendment 265 #
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point a
Article 1 – paragraph 1 – point 5 – point a
Article 10a
Paragraph 1 Subparagraph 2
The Commission shall be empowered to adopt a delegated act in accordance with Article 23. This act shall also provide for additional allocation from the new entrants reserve for significant production increases by applying the same thresholds and allocation adjustments as apply in respect of partial cessations of operationchanges. Any 10% increase or decrease in production expressed as a rolling average of verified production data for the two preceding years compared to the production activity reported in accordance with Article 11 should be adjusted with a corresponding amount of allowances by placing allowances into and releasing allowances from the reserve referred to in paragraph 7.
Amendment 278 #
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point a a (new)
Article 1 – paragraph 1 – point 5 – point a a (new)
Article 10a
Paragraph 1
(aa) The third paragraph of paragraph 1 is modified as follows: The measures referred to in the first subparagraph shall, to the extent feasible, determine Community-wide ex-ante benchmarks so as to ensure that allocation takes place in a manner that provides incentives for reductions in greenhouse gas emissions and energy efficient techniques, by taking account of the most efficient techniques, substitutes, alternative production processes, high efficiency cogeneration, efficient energy recovery of waste gases, use of biomass, capture and re-use of CO2 and capture and storage of CO2, where such facilities are available, and shall not provide incentives to increase emissions. No free allocation shall be made in respect of any electricity production, except for cases falling within Article 10c and electricity produced from waste gases.
Amendment 295 #
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point b
Article 1 – paragraph 1 – point 5 – point b
Directive 2003/87/EC
Article 1 – paragraph 5 – point 5 – point b
Article 1 – paragraph 5 – point 5 – point b
The benchmark values for free allocation shall be adjusourned and calculated in order to avoid windfall profits and reflect technological progress inoccurred since the period between 2007-8 and each later period for which free allocations are determin. This calculation shall review the benchmark values set by the act adopted pursuant to Article 10a based on verified data collected in accordance withto Article 11(1). This adjustment shall reduce the benchmark values set by the act adopted pursuant to Article 10a by 1% of and increase the number of product benchmarks as much as possible, in order to reduce the application of fall back approaches to a minimum. Where the vcalue that was set based on 2007-8 data in respect of each year between 2008 and the middle of the relevant period of free allocation, unless:culation of product benchmarks is not feasible and fall back approaches still represent the allocation method, rules to prevent from perverse incentives deriving from activity level reduction linked to energy efficiency improvement shall be developed.
Amendment 309 #
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point b
Article 1 – paragraph 1 – point 5 – point b
Article 10 a
Paragraph 2
Amendment 349 #
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point c
Article 1 – paragraph 1 – point 5 – point c
Article 10a
Paragraph 5
In order to respect the auctioning share set out in Article 10, the sum of free allocations in every year where the sum of free allocations does not reach the maximum level that respects the Member State auctioning share, the remaining allowances up to that level shall be used to prevent or limit reduction of free allocations to respect the Member State auctioning share in later years. Where, nonetheless, the maximum level is reached, free allocations shall be adjusted accordingly. Any such adjustment shall be done in a uniform mannerapplied so that the 10% best performers of each sector or sub-sector are not impacted.
Amendment 362 #
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point d
Article 1 – paragraph 1 – point 5 – point d
Article 10a
paragraph 6
Amendment 405 #
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point e a (new)
Article 1 – paragraph 1 – point 5 – point e a (new)
Article 10a
Paragraph 7a (new)
(ea) A new paragraph is added: The sectors and sub sectors concerned by paragraphs 1 and 2 of Article 10b will receive free allocations which annual excess, if any, are exclusively dedicated to low carbon investment in the installations belonging to the same sector or sub-sector during the whole fourth period, in conformity with paragraphs b, e, g, l and m(new) of article 10 paragraph 3, as well as with the rules for the public investments financed by free allocations in the article 10c paragraph 2 and 3; the assets coming from the free allocations monetisation during the fourth period have to be paid or engaged for low carbon investments at the latest 12/31/2030. A balance will be made two times during the fourth period, in 2025 and 2030 with a possibility of sanctions under Article 16.
Amendment 447 #
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point f
Article 1 – paragraph 1 – point 5 – point f
Article 10a
Paragraph 8
The Commission shall be empowered to adopt a delegated act in accordance with Article 23, taking due account of the following principles: - Projects should focus on research and innovation for the design and development of breakthrough solutions and implementation of demonstration programmes, including in real industrial environments; - Projects should deliver ambitious reduction in specific GHG emission intensity of at least 20%, with respect to the best available technologies; - The activities should run close-to-market in production plants to demonstrate the viability of breakthrough technologies in overcoming the technological as well as non-technological barriers; - Projects should address technological solutions that could have widespread applications and may combine different technologies; - Solutions and technologies should ideally have the potentials to be transferred within the sector and possibly to other sectors.
Amendment 486 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Directive 2003/87/EC
Article 10b
Article 10b
2. Sectors and sub-sectors where the product from multiplying their intensity of trade with third countries by their emission intensity is above 0.18 may be included in the group referred to in paragraph 1, on the basis of a qualitative assessment using the following criteria:
Amendment 508 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
3. Other sectors and sub-sectors are considered to be able to pass on more of the cost of allowances in product prices,not at risk of carbon leakage and shall not be allocated allowances free of charge for the period up to 2030 at 30% of the quantity determined in accordance with the measures adopted pursuant to Article 10a.
Amendment 513 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Article 10b
Paragraph 3 a (new)
3a. A revision of the sectors concerned by the carbon leakage criteria should be realised in 2025.
Amendment 520 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Directive 2003/87/EC
Article 10b – paragraph 4
Article 10b – paragraph 4
By 31 December 2019, the Commission shall adopt a delegated act for the preceding paragraphs for activities at a 4- digit level (NACE-4 code) or at relevant level of disaggregation based on public and sector specific data as concerns paragraph 1, in accordance with Article 23, based on data for the three most recent calendar years available.
Amendment 535 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Article 10b
Paragraph 4 a (new)
4a. A new paragraph is added: Free allocations distributed to the industrial sectors concerned by paragraphs 1 and 2 of this article constitute a temporary adaptation measure for the modernisation of the European energy intensive industries until 2030. After Phase IV, all the allocations will be auctioned.
Amendment 541 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Article 10 c
Paragraph 1
1. By derogation from Article 10a(1) to (5), Member States which had in 2013 a GDP per capita in € at market prices below 60% of the Union average may give a transitional free allocation to installations for electricity productiongenerators for the modernisation and diversification of the energy sector. This derogation shall end after 2030.
Amendment 562 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Article 10 c
Paragraph 2 (b)
(b) ensure that only projects which contribute to the diversification of their energy mix and sources of supply, the necessary restructuring, environmental upgrading and retrofitting of the infrastructure, clean technologies and modernisation of the energy production, transmission and distribution sectors, as well as energy efficiency and energy storage are eligible to bid;
Amendment 593 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Article 10 c
Paragraph 2 (c) (iv) (new)
(iv) promote community-driven integrated approaches;
Amendment 594 #
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Article 10 c
Paragraph 2 (c) (v) (new)
(v) do not contribute to new coal-fired energy generation capacity nor increase coal-dependency;
Amendment 638 #
Proposal for a directive
Article 1 – paragraph 1 – point 7
Article 1 – paragraph 1 – point 7
Directive 2003/87/EC
Article 10 d – paragraph 2
Article 10 d – paragraph 2
2. The fund shall also finance small- scale investment projects in the modernisation of energy systems and energy efficiency. To this end, the investment boardbeneficiary Member States shall develop guidelinrules and investment selection criteria specific to such projects, in line with the objectives of the fund and the guidance elaborated by an advisory board referred to in paragraph 4.
Amendment 650 #
Proposal for a directive
Article 1 – paragraph 1 – point 7
Article 1 – paragraph 1 – point 7
Directive 2003/87/EC
Article 10 d – paragraph 3
Article 10 d – paragraph 3
3. The funds shall be distributedEIB is responsible for the monetization of the 2% allowances referred to in Article 10 in equal volumes each year of the period 2021-2030. The monetization calendar should be defined in consultation with the beneficiary Member States. The funds shall be distributed among the beneficiary Member States based on a combination of a 50% share of verified emissions and a 50% share of GDP criteria, leading to the distribution set out in Annex IIb.
Amendment 661 #
Proposal for a directive
Article 1 – paragraph 1 – point 7
Article 1 – paragraph 1 – point 7
Directive 2003/87/EC
Article 10 d – paragraph 4
Article 10 d – paragraph 4
The fund shall be governed by an investment board and a management committee, which shall beadvisory board chaired by the beneficiary Member States and the EIB. The advisory board is composed of representatives from the beneficiary Member States, the Commission, the EIB and three representatives elected by the other Member States for a period of 5 years. The investmentadvisory board shall be responsible to determineelaborate guidance in relation to objectives of an Union-level investment policy with regard to this fund, appropriate financing instruments and investment selection criteria. The management committee shall be responsible for the day-to-day management of the fundrole of national financing institutions as well as investment selection criteria, based on criteria established in article 10c paragraph 2, the technological neutrality of projects , coherence with the 2030 policy objectives, respecting specific circumstances of the beneficiary Member States as well as transparency and accuracy in the selection process. Separate guidance, covering the selection criteria, role of national institutions and available financing instruments, shall be developed for small-scale investment projects.
Amendment 668 #
Proposal for a directive
Article 1 – paragraph 1 – point 7
Article 1 – paragraph 1 – point 7
Article 10 d
Paragraph 4 – subparagraph 1 a (new)
A new subparagraph is inserted: The selection of the eligible projects shall be made by the beneficiary Member States. This selection process and the list of ranked projects both selected and not, shall be public. The whole process shall abide by the criteria set in this Directive and take due account of the advisory board's opinion.
Amendment 700 #
Proposal for a directive
Article 1 – paragraph 1 – point 7
Article 1 – paragraph 1 – point 7
Article 10 d
Paragraph 5
5. The beneficiary Member States shall report annually to the management committeeadvisory board on investments financed by the fund. The report shall be made public and include:
Amendment 709 #
Proposal for a directive
Article 1 – paragraph 1 – point 7
Article 1 – paragraph 1 – point 7
Article 10 d
Paragraph 6
6. Each year, the management committeeadvisory board shall report to the Commission on experience with the evaluation and selection of investments. The Commission shall review the basis on which projects are selected by 31 December 2024 and, where appropriate, make proposals to the management committeeadvisory board.
Amendment 717 #
Proposal for a directive
Article 1 – paragraph 1 – point 7 a (new)
Article 1 – paragraph 1 – point 7 a (new)
(7a) The following Article 10e is inserted: Article 10e Just Transition Fund A Just Transition Fund is created as of 2021 as a complement to the European Regional Development Fund and the European Social Fund; it is funded through the pooling of 2% of the auctioning revenues. The revenues of these auctions would remain at the EU level, with the goal to use them for cushioning the social impact of climate policies in regions which combine a high share of workers in carbon-dependent sectors and a GDP per capita well below the EU-average. These auctioning revenues aimed at just transition can be put to use in different ways: - Creating redeployments and/or mobility cells - Education/Training initiatives to re-skill or upskill workers - Support in job search, including paid time-off to search for jobs - Social protection measures - Subsistence allowances - Business creation - Monitoring and pre-emptive measures to avoid or minimise the negative impact of restructuring process on physical and mental health. The core activities to be financed by a Just Transition Fund being strongly related to the labour market, social partners should be actively involved into the fund management – on the model of the ESF committee – and the participation of local social partners should be a key requirement for projects to get funding.
Amendment 718 #
Proposal for a directive
Article 1 – paragraph 1 – point 8
Article 1 – paragraph 1 – point 8
Article 11
Paragraph 1 – subparagraph 2
A list of installations covered by this Directive for the five years beginning on 1 January 2021 shall be submitted by 30 September 2018, and lists for the subsequent five years shall be submitted every five years thereafter. Each list shall include information on production activity, transfers of heat and gases, electricity production and emissions at sub- installation level over the five calendar years preceding its submission. Production activity shall be updated yearly in order to allow for a more dynamic allocation. Free allocations shall only be given to installations where such information is provided.
Amendment 746 #
Proposal for a directive
Article 1 – paragraph 1 – point 13 a (new)
Article 1 – paragraph 1 – point 13 a (new)
(13 a) In article 15a, the following paragraph is added: Allowances have to be published on the operators' annual accounts and the European Union encourages the resumption of work on an international accounting standard in this field.
Amendment 752 #
Proposal for a directive
Article 1 – paragraph 1 – point 20 a (new)
Article 1 – paragraph 1 – point 20 a (new)
(20a) A new Article 25 (1) (c) is added: Robust carbon accounting rules and measures shall be put in place to ensure that the ETS is in line with the Paris Agreement (especially article 6 paragraph 2) which enhances cooperation among governments on climate change mitigation, including market-based approaches, through provisions to facilitate cross-border transfers. The Commission has to put in place border carbon adjustment and transparency for reporting carbon content for the products under ETS in order to prevent double- counting of emissions reductions.