BETA

6 Amendments of Pilar DEL CASTILLO VERA related to 2012/0202(COD)

Amendment 6 #
Proposal for a decision
Recital 1
(1) Article 10(4) of Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC3 does not specify how volumes of greenhouse gas emission allowances to be auctioned are to be distributed over the trading period whereas Article 9 of that Directive requires that the quantity of allowances should decrease by a linear factor of 1,74 % compared to the average annual total quantity of allowances issued by Member States.
2012/12/20
Committee: ITRE
Amendment 15 #
Proposal for a decision
Recital 2
(2) For the purposes of legal certainty and market predictability, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able in exceptional circumstances to adapt the auction timetable pursuant to Article 10(4) of Directive 2003/87/EC provided that such intervention can be justified by an impact assessment showing that the Union is at risk of not reaching a reduction of emissions in 2020 in the Community scheme of 21 % below reported 2005 levels and that the intervention does not have a significant carbon leakage impact. The Commission should be able to make no more than one such adaptation and only during the eight-year period beginning on 1 January 2013.
2012/12/20
Committee: ITRE
Amendment 18 #
Proposal for a decision
Recital 2 a (new)
(2a) If the Commission decides to temporarily withhold a certain number of allowances, it should ensure that these allowances will be reintroduced in the market in a linear manner starting from the year following the date of the respective market intervention.
2012/12/20
Committee: ITRE
Amendment 20 #
Proposal for a decision
Recital 3 a (new)
(3a) In addition to this Decision, the Commission will include in the next revision of the EU ETS proposals for implementing a more dynamic approach for the allocation of allowances. That approach should be based on actual production factors rather than on historic reference periods which have proven to make the EU ETS unable to properly adapt to economic upturns and downturns. While ensuring the required absolute reductions over the entire period, the allocation system should allow for ex- post adjustments in order to avoid the need for further interventions by the Commission, such as to mitigate over- allocation as well as unjustified shortages of allowances.
2012/12/20
Committee: ITRE
Amendment 25 #
Proposal for a decision
Article 1 – introductory part
In the first subparagraph of Article 10(4) of Directive 2003/87/EC the following sentence iss are added:
2012/12/20
Committee: ITRE
Amendment 26 #
Proposal for a decision
Article 1
Directive 2003/87/EC
Article 10 – paragraph 4 – subparagraph 1
The Commission shall, where appropriate, adapt the timetable for each period so Where an impact assessment shows that the Union is not on track to reach a reduction of emissions in 2020 in the Community scheme as required by this Directive and that the impact on installations exposed to a significant risk of carbon leakage is limited the Commission may, where appropriate, adapt the timetable for the period referred to in Article 13(1) beginning on 1 January 2013 for a maximum number of 900 million allowances. Where the Commission proposes to withhold a number of allowances it has to be ensure an orderly functioning of the market. d that those allowances are re-introduced in a linear manner. The Commission shall make no more than one such adaptation.
2012/12/20
Committee: ITRE