11 Amendments of Elisabetta GARDINI related to 2014/0011(COD)
Amendment 54 #
Proposal for a decision
Recital 3 a (new)
Recital 3 a (new)
(3a) In line with the European Council conclusions of 23 and 24 October 2014 on the 2030 Climate and Energy Policy Framework, and given the considerable efforts necessary to combat climate change and to adapt to its inevitable effects, and also given both the direct and indirect costs that the ETS entails for companies, it is appropriate that the entirety of the revenues generated from the auctioning of allowances be used primarily to compensate for indirect costs passed on in electricity prices as well as to reduce greenhouse gas emissions.
Amendment 63 #
Proposal for a decision
Recital 3 b (new)
Recital 3 b (new)
(3b) Certain installations which have been determined to be exposed to a significant risk of carbon leakage for costs related to greenhouse gas emissions passed on in electricity prices should be compensated through harmonised financial measures, including measures relating to the use of the revenues generated from the auctioning of allowances.
Amendment 80 #
Proposal for a decision
Recital 5
Recital 5
(5) Articles 10 and 13(2) of Directive 2003/87/EC should therefore be amended accordingly,
Amendment 127 #
Proposal for a decision
Article 1 – paragraph 3
Article 1 – paragraph 3
3. In each year beginning in 2021, if the total number of allowances in circulation is higher than 1300 MtCO2, a number of allowances equal to 1233% of the difference between the total number of allowances in circulation in year x-21 and the lower threshold of 800 Mt, as published in May year x-1, shall be placed in the reserve, unless this number of allowances to be placed in the reserve would be less than 100 million.
Amendment 141 #
Proposal for a decision
Article 1 – paragraph 4
Article 1 – paragraph 4
4. In any year, if the total number of allowances in circulation is lower than 4800 million, 100 million allowancesallowances corresponding to 33% of the difference between the total number of allowances in circulation in year x-1 and the higher threshold of 1300 Mt shall be released from the reserve. In case less than 100 million allowances are in the reserve, all allowances in the reserve shall be released under this paragraph.
Amendment 145 #
Proposal for a decision
Article 1 – paragraph 5
Article 1 – paragraph 5
Amendment 152 #
Proposal for a decision
Article 1 – paragraph 5 a (new)
Article 1 – paragraph 5 a (new)
5a. To allow action pursuant to paragraphs 3 and 4, Commission Regulation (EC) No 1031/20101a shall be amended adequately in order to adapt the auctioning calendar taking into account the need for the market stability reserve to function. ______________ 1a Commission Regulation (EU) No 1031/2010 of 12 November 2010 on the timing, administration and other aspects of auctioning of greenhouse gas emission allowances pursuant to Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowances trading within the Community (OJ L 302, 18.11.2010, p. 1).
Amendment 180 #
Proposal for a decision
Article 2 – paragraph 1 – point 3 b (new)
Article 2 – paragraph 1 – point 3 b (new)
Amendment 183 #
Proposal for a decision
Article 2 – paragraph 1 – point 3 e (new)
Article 2 – paragraph 1 – point 3 e (new)
Directive 2003/87/EC
Article 10 – paragraph 3 – subparagraph 2
Article 10 – paragraph 3 – subparagraph 2
3e. In Article 10(3), the second subparagraph is replaced by the following: "Member States shall be deemed to have fulfilled the provisions of this paragraph if they have in place and implement fiscal or financial support policies, including in particular in developing countries, or domestic regulatory policies, which leverage financial support, established for the purposes set out in the first subparagraph and which have a value equivalent to at least 50 % of thell 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)."
Amendment 187 #
Proposal for a decision
Article 2 – paragraph 1 – point 3 i (new)
Article 2 – paragraph 1 – point 3 i (new)
Directive 2003/87/EC
Article 10 a – paragraph 6 – subparagraph 1
Article 10 a – paragraph 6 – subparagraph 1
Amendment 197 #
Proposal for a decision
Article 2 a (new)
Article 2 a (new)
Article 2a Review of Directive 2003/87/EC Within six months of the entry into force of this Decision [insert number of this Decision when known] and no later than mid-2015, the Commission shall review Directive 2003/87/EC, taking into account the conclusions of the European Council of 23 and 24 October 2014, in particular with regard to carbon leakage provisions and the need for continuation after 2020 of free allocations for direct costs for the most efficient installations, thereby better reflecting changing production levels. In that review, the Commission shall also take into account harmonised measures at the Union level for indirect carbon costs so as to avoid any distortions in the internal market. In accordance with the ordinary legislative procedure, the Commission shall submit a proposal to the European Parliament and the Council in this respect.