Activities of Caroline JACKSON related to 2008/0013(COD)
Plenary speeches (1)
Greenhouse gas emission allowance trading system (debate)
Amendments (1)
Amendment 545 #
Proposal for a regulation – amending act
Article 1 - point 8
Article 1 - point 8
Directive 2003/87/EC
Article 10a - paragraph 9
Article 10a - paragraph 9
9. At the latest by 30 June 20109 and every 35 years thereafter the Commission shall determine the sectors referred to in paragraph 8. That measure, designed to amend non- essential elements of this Directive by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article [23(3)]. In the determination referred to in the first subEach year, on the basis of new market information, any sector not included in Annex Ia shall be able to request the Commission to consider afresh the case for the sector to be considered as vulnerable to carbon leakage. In the determination of the sectors referred to in paragraph 8 the Commission shall take into account the extent to which it is possible for the sector or sub-sector concerned to pass on the cost of the required allowances inthrough product prices without significant loss of either market share to less carbon efficient installations outside the Community, taking into accountor profitability or of investment opportunities to the same sector or sub- sector in countries outside the EU that do not impose comparable constraints on emissions. Relevant criteria are – inter alia - the following: (a) the extent to which auctioning would lead to a substantial increase in production cost in industries with a high CO2 emission per unit of sales; (b) the extent to which it is possible for individual installations in the sector concerned to reduce emission levels for instance on the basis of the most efficient techniques; (c) the present and projected market structure, relevant geographic and product market, the exposure of the sectors to international competition taking into account inter alia transport and CO2 costs; (d) the effect of climate change and energy policies implemented, or expected to be implemented outside the EU in the sectors concerned. (da) the effect of passing through CO2 costs in electricity prices on the sector or sub-sector concerned. For the purposes of evaluating whether the cost increase resulting from the Community scheme can be passed on, estimates of lost sales resulting from the increased carbon price or the impact on the profitability of the installationsectors concerned may inter alia be used.