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Decision No. 1359/2013/EU of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

Country
Type of law
Regulation
Source

Abstract
The present Decision supplements article 10(4) of Directive 2003/87/EC in order to clarify how volumes of greenhouse gas emission allowances to be auctioned are to be distributed over the trading period. In particular it is hereby specified that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period referred to in article 13(1) beginning on 1 January 2013 so as to ensure the orderly functioning of the market.
Date of text
Repealed
No
Serial Imprint
Official Journal of the European Union L 343, 19 December 2013, p. 1.
Source language

English

Legislation Amendment
Yes