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Decision (EU) 2015/1814 of the European Parliament and of the Council concerning the establishment and operation of a market stability reserve for the Union greenhouse gas emission trading scheme and amending Directive 2003/87/EC.

Country
European Union
Type of law
Legislation
Source
FAO , FAOLEX
Abstract
This Decision provides for the establishment of a market stability reserve for the European Union greenhouse gas emission trading scheme. Such reserve shall be established in 2018 and the placing of allowances in the reserve shall operate from 1 January 2019. Subsequent amendments are laid down to Directive 2003/87/EC as regards allowances.
Attached files
http://faolex.fao.org/docs/pdf/eur148978.pdf
Web site
http://eur-lex.europa.eu/homepage.html
Date of text
Repealed
No
Serial Imprint
Official Journal of the European Union L 264, 9 October 2015, pp. 1-5.
Source language

English

Legislation Amendment
No
Amends
Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC.
Amended by
Decision (EU) 2023/852 amending Decision (EU) 2015/1814 as regards the number of allowances to be placed in the market stability reserve for the Union greenhouse gas emission trading system until 2030.
Directive (EU) 2018/410 amending Directive 2003/87/EC to enhance cost-effective emission reductions and low-carbon investments, and Decision (EU) 2015/1814.
Implemented by
Regulation on the implementation of the Greenhouse Gas Emissions Trading Act in the trading period of 2021 to 2030 (Emissions Trading Regulation 2030)
Law No. XI-329 “On climate change management financial instruments”.