We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you agree to receive all cookies on this website. Learn more and refer to our privacy policy. Read more...
Why EU ETS does not apply auction purchase limit and holding limit
Wednesday, 17 April 2013 20:12
Although applying holding limits as well as auction purchase limits in cap-and-trade schemes sometimes meet with criticism, the absence of such limits in the EU ETS current design, particularly when the concept of backloading failed, brings important risks for the system.
Judgment of the General Court of 7 March 2013 in Case T-370/11 – natural gas as a benchmark fuel lawfully implemented in the secondary legislation
Wednesday, 20 March 2013 23:07
Without entering into specific polemic with certain parts of the Court's reasoning, in any case a general conclusion comes to mind, namely that when designing any emission trading scheme such an important determination like the choice of reference fuel for the benchmarks-setting process should be done in primary legislation, and not in implementing acts. Such an approach would better serve democratic procedures.
The European Parliament resolution of 14 March 2013 on backloading – on the verge of legal order?
Tuesday, 19 March 2013 06:23
Given the slight majority of votes, the preliminary character of the debate and legal challenges for the overall context of the problem, any optimism when it comes to the conclusions contained in point 91 of the resolution appears premature.
In times of economic crisis many economic operators temporarily cease production in order to withhold the slowdown. When the stoppage relates to production line covered by EU ETS some additional legal circumstances are to be considered.
The issue of a crucial financial weight is for how long the installation can be stopped so that the free emission allowances were not put at risk.
Legal effects of significant and non-significant changes to the monitoring plan - short guide
Sunday, 17 February 2013 16:32
The administrative burden involved in the ensuring that the monitoring plan reflects accurately all legally required points depends on the assessment of the significance of the potential change as well as the way the procedures in the monitoring plan are described.