EU Climate Change Committee agrees back-loading

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The Committee, through which all Member States are represented, counseled the European Commission’s proposal of constructing the back-loading quantity for 2014 dependent at the quarter through which back-loading implementation begins.

This implies that if the public sale calendars can nonetheless be tailored via end-March, a complete of 400 million allowances will likely be back-loaded for 2014. This quantity will likely be diminished to 300 million if back-loading is initiated in April, May or June.

To permit an early begin to back-loading, Connie Hedegaard, European Commissioner for Climate Action, has written to the Presidency of the Council of the EU and the Chair of the European Parliament’s Environment Committee to request a shortening of the traditional 3-month duration for scrutinising the modification. How a lot shorter the duration will likely be lies within the arms of the Council and Parliament.

The ultimate textual content of the modification incorporates a provision that can wish to be implemented for a few of the ones Member States applying transitional unfastened allocation for the modernisation of energy vegetation in case the public sale quantity to be had to them after deducting the quantity for transitional unfastened allocation is not up to their percentage of the back-loaded quantity.

Regular updates at the implementation of back-loading, together with preparatory steps, will likely be supplied by the use of this site.

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