11 Amendments of Marek Józef GRÓBARCZYK related to 2014/0011(COD)
Amendment 18 #
Proposal for a decision
Recital 2
Recital 2
(2) The report from the Commission to the European Parliament and the Council on the state of the European carbon market in 21027 identified the need for measures in order to tackle structural supply-demand imbalances. The impact assessment on the 2030 climate and energy policy framework8 indicates that this imbalance is expected to continue, and would not be sufficiently addressed by adapting the linear trajectory to a more stringent target within this framework. A change in the linear factor only changes gradually the cap. Accordingly, the surplus would also only gradually decline, such that the market would have to continue to operate for more than a decade with a surplus of around 2 billion allowances or more. In order to address this problem and to make the European Emission Trading System more resilient to imbalances, a market stability reserve should be established. To ensure regulatory certainty as regards auction supply in phase 3 and allow for some lead-time adjusting to the introduction of the design change, the market stability reserve should be established as of phase 4 starting in 20213. In order to preserve a maximum degree of predictability, clear rules should be set for placing allowances into the reserve and releasing them from the reserve. Where the conditions are met, beginning in 20213, allowances corresponding to 126% of the number of allowances in circulation in year x-21 should be put into the reserve. A corresponding number of allowances should be released from the reserve when the total number of allowances in circulation is lower than 4600 million. __________________ 7 COM(2012)652 final. 8 Insert reference.
Amendment 50 #
Proposal for a decision
Recital 4 a (new)
Recital 4 a (new)
(4a) Increased CO2 prices resulting from the market stability reserve will have a significant impact on sectors at risk of carbon leakage, as according to directive 2003/87/EC, the provisions to prevent carbon leakage are being phased out. In its resolution of 4 February 2014, (2013/2177(INI)) the European Parliament stressed that the Commission should address more concretely and in detail the issue of carbon leakage, that the 2030 climate and energy policy targets must be technically and economically feasible for EU industries and that best performers should have no direct or indirect additional costs resulting from climate policies; it stressed that the provisions for carbon leakage should provide 100% free allocation of technically achievable benchmarks, with no reduction factor for carbon leakage sectors. In its conclusions of 21 March, 2014, the European Council stressed that Europe needs a strong and competitive industrial base as a key driver for economic growth and jobs, industrial competitiveness concerns should be systematically mainstreamed across all EU policy areas; the European Council invited the Council and the Commission to rapidly develop measures to prevent potential carbon leakage and called for long-term planning security for industrial investment in order to ensure the competitiveness of Europe's energy-intensive industries; it stressed that a coherent European energy and climate policy must address the issue of high energy costs in particular for energy- intensive industries and ensure affordable energy prices. Therefore the Directive shall be amended in order to extend provisions concerning carbon leakage beyond 2020, to off-set CO2 cost pass-through on energy prices in all Member States and remove the cross-sectoral correction factor for sectors at risk of carbon leakage.
Amendment 52 #
Proposal for a decision
Article 1 – paragraph 1
Article 1 – paragraph 1
1. A market stability reserve is established, and shall operate from 1 January 20213.
Amendment 81 #
Proposal for a decision
Article 1 – paragraph 3
Article 1 – paragraph 3
3. In each year beginning in 20213, a number of allowances equal to 126% of the total number of allowances in circulation in year x-21, 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 1200 million.
Amendment 86 #
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 4600 million, 1200 million allowances shall immediately be released from the reserve. In case less than 1200 million allowances are in the reserve, all allowances in the reserve shall immediately be released under this paragraph.
Amendment 93 #
Proposal for a decision
Article 1 – paragraph 5
Article 1 – paragraph 5
5. In any year, if paragraph 4 is not applicable and measures are adopted under Article 29a of the Directive, 1200 million allowances shall immediately be released from the reserve. In case less than 1200 million allowances are in the reserve, all allowances in the reserve shall immediately be released under this paragraph.
Amendment 97 #
Proposal for a decision
Article 1 – paragraph 6 a (new)
Article 1 – paragraph 6 a (new)
6a. Member States with a GDP per capita below 60% of the EU average1a may opt to continue to give free allowances to the energy sector and energy intensive sectors up to 2030. __________________ 1a GDP in 2013 in EUR at market prices.
Amendment 98 #
Proposal for a decision
Article 2 – paragraph 1 – point 2
Article 2 – paragraph 1 – point 2
Directive 2003/87/EC
Article 10 – paragraph 1
Article 10 – paragraph 1
2. “1. From 20213 onwards, Member States shall auction all allowances that are not allocated free of charge in accordance with Article 10a and 10c and are not placed in the market stability reserve established by Decision [OPEU please insert number of this Decision when known] of the European Parliament and of the Council(*).”
Amendment 111 #
Proposal for a decision
Article 2 – paragraph 1 – point 3 a (new)
Article 2 – paragraph 1 – point 3 a (new)
Directive 2003/87/EC
Article 10 a – paragraph 6
Article 10 a – paragraph 6
Amendment 122 #
Proposal for a decision
Article 3 – paragraph 1
Article 3 – paragraph 1
Amendment 129 #
Proposal for a decision
Article 4 – paragraph 1
Article 4 – paragraph 1
Article 10(1) of Directive 2003/87/EC as amended by Directive 2009/29/EC shall continue to apply until 31 December 20202.