BETA

5 Amendments of Othmar KARAS related to 2021/0211(COD)

Amendment 269 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point b
Directive 2003/87/EC
Article 10 a – paragraph 1 a – subparagraph 1
1a. No fFree allocation at benchmark level shall be given in relation to the production of products listed in Annex I of Regulation [CBAM] as from the date of applicationuntil the full effectiveness of the CBAM in tackling the carbon leakage risk both ofn the Carbon Border Adjustment MechanismEU market and on export markets is assessed and positively verified.
2022/02/08
Committee: ITRE
Amendment 274 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point b
Directive 2003/87/EC
Article 10 a – paragraph 1 a – subparagraph 2
By way of derogThereafter, a factor reducing the free allocation forom the previous subparagraph, for the first years of operation of Regulation [CBAM], the production of these products shall benefit from free allocation in reduced amounts. A factor reducing the free allocation for the production of these products shall be applied (CBAM factor). The CBAM factor shall be equal to 100 % for the period during the entry into force of [CBAM regulation] and the end of 2025, 90 % in 2026 andoduction of these products shall be applied (CBAM factor). The CBAM factor shall be equal to 100 % for the period during the entry into force of [CBAM regulation] and the end of an ETS trading period within which the effectiveness of the CBAM has been fully demonstrated. In 2029 the Commission shall present to the European Parliament and the Council a report pursuant to Regulation [CBAM] regarding the effectiveness of the CBAM. The report shall also include the selected option to address the carbon leakage risk on export markets. The report by the Commission shall be accompanied by a legislative proposal to amend this article in view of gradually phasing out free allocation after 2030 proportionally to the proven level of effectiveness of the CBAM. Thereafter the CBAM factor shall be reduced by 120 percentage points each year to reach 0 % by the tenfifth year.
2022/02/08
Committee: ITRE
Amendment 281 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point b
Directive 2003/87/EC
Article 10 a – paragraph 1 a – subparagraph 3
The reduction of free allocation shall be calculated annually as the average share of the demand for free allocation for the production of products listed in Annex I of Regulation [CBAM] compared to the calculated total free allocation demand for all installations, for the relevant period referred to in Article 11, paragraph 1. The CBAM factor shall be applied.deleted
2022/02/08
Committee: ITRE
Amendment 284 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point b
Directive 2003/87/EC
Article 10 a – paragraph 1 a – subparagraph 4
Allowances resulting from the reduction of free allocation shall be made available to support innovation in relation to the production of products listed in Annex I of Regulation[CBAM] in accordance with Article 10a(8).
2022/02/08
Committee: ITRE
Amendment 380 #
Proposal for a directive
Article 1 – paragraph 1 – point 14 a (new)
Directive 2003/87/EC
Article 11 – paragraph 1 – subparagraph 2
(14a) Article 11 is amended as follows: (a) In paragraph 1, after the first sentence of the second subparagraph, the following is added: For each allocation period beginning on 1 January 2026 and thereafter, free allocation shall be calculated according to the median of the activity level of the five calendar years referred to in the previous sentence.
2022/02/08
Committee: ITRE