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Emissions-euets.com
Recent differentiation in VAT treatment of emissions transactions and the IETA master agreement
Monday, 03 May 2010 19:14

Taking into account that ETMA’s last version (3.0) was designed in 2008, the question may arise whether the text of the master agreement shows the required elasticity, to cover the multiplicity of approaches taken recently in the matter of VAT taxation of EUAs, CERs and ERUs trading. Let’s remind that they are ranging from exemption from VAT and zero rate, through “reverse charge” to standard rate.

 

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Carbon price floor – managed or marketable price for carbon?
Tuesday, 19 July 2011 13:34


The notion of the ‘carbon price floor’ (fashionable recently) makes at the first glance think of a minimum price for EUAs when traded on the market. And immediately a reservation comes to mind – how could it generally be possible to influence on prices for EUAs by such a rigorous regulatory means when inherent, pivotal component of the EU ETS is a free interaction of the demand and supply? And how could it be made only in UK when emission trading is, as a principle, pan-European? There is also a practical ambiguity, notwithstanding the legal character of the measure at issue, what will be its impact on prices on the European emissions marketplace?

 

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Carry-over of AAUs surplus, LULUCF mechanisms and maket-based instruments - conclusions of the Environment Council of 10 October 2011 for the Durban Conference
Thursday, 20 October 2011 20:53

 

Bearing in mind the issues of the AAUs carry-over, the LULUCF, offset credits and other flexible mechanisms are currently the “hot topics” and are burdened with far-reaching economical consequences, let’s see what expressions in that regard the environment ministers were able to agree in the official document adopted at the last meeting.

 

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Buying allowances in the auctions versus on the secondary market - pros and cons
Monday, 12 September 2011 05:46

 

There is little chance for the auctioning system as of 2013 under the current arrangements of the Regulation No 1031/2010 to pose any competition for the secondary market as regards the reliability of supply and the hedging needs. The operators which expect to cover their emissions in the third settlement period only with allowances bought in the auction should in advance be aware of certain legal circumstances that could complicate their projections.

 

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The European Economic and Social Committee’s opinion does not touch the most controversial points of the new energy efficiency draft Directive
Monday, 14 November 2011 20:38

 

The schedule for further procedure as regards new energy efficiency Directive is following:

24/11/2011   Council: debate or examination expected,

24/01/2012   EP: report scheduled for adoption in committee, 1st or single reading,

17/04/2012   EP plenary sitting (indicative date).

 

The EESC opinion issued on 26 October 2011 doesn’t, however, positively feed into the resolution of the main dilemmas undermining the initiative concerned.

 

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