6 Amendments of Alejo VIDAL-QUADRAS related to 2012/0202(COD)
Amendment 6 #
Proposal for a decision
Recital 1
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.
Amendment 15 #
Proposal for a decision
Recital 2
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.
Amendment 18 #
Proposal for a decision
Recital 2 a (new)
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.
Amendment 20 #
Proposal for a decision
Recital 3 a (new)
Recital 3 a (new)
Amendment 25 #
Proposal for a decision
Article 1 – introductory part
Article 1 – introductory part
In the first subparagraph of Article 10(4) of Directive 2003/87/EC the following sentence iss are added:
Amendment 26 #
Proposal for a decision
Article 1
Article 1
Directive 2003/87/EC
Article 10 – paragraph 4 – subparagraph 1
Article 10 – paragraph 4 – subparagraph 1