Activities of Anna ZALEWSKA related to 2021/0202(COD)
Plenary speeches (2)
Revision of the Market Stability Reserve for the EU Emissions Trading System (debate)
Binding annual greenhouse gas emission reductions by Member States (Effort Sharing Regulation) - Land use, land use change and forestry (LULUCF) - Revision of the Market Stability Reserve for the EU Emissions Trading System (debate)
Amendments (13)
Amendment 11 #
Draft legislative resolution
Citation 2
Citation 2
— having regard to Article 294(2) and Article 192(12) of the Treaty on the Functioning of the European Union, pursuant to whichand the Commission proposal submitted the proposal to Parliament (C9- 0325/2021),
Amendment 29 #
Proposal for a decision
Recital 4 a (new)
Recital 4 a (new)
(4a) Legislative proposals should take into account evolving circumstances, and in particular, the economic and energy crisis the Union is currently facing, which is putting many businesses at competitive disadvantage and increasing the households at risk of energy poverty. Particular attention should be paid to speculative actions that can affect this and should be addressed immediately.
Amendment 30 #
Proposal for a decision
Recital 4 b (new)
Recital 4 b (new)
(4b) The Union is committed to fight against energy poverty, with at least 50 million Europeans still suffering from energy poverty, and should ensure that its legislative proposals and amendments affecting the energy sector do not impede efforts in this regard.
Amendment 43 #
Proposal for a decision
Recital 10 a (new)
Recital 10 a (new)
(10a) To ensure that efficient decarbonisation of ETS sectors is incentivised, rather than just contributing to the increase of excessive prices, the market stability reserve should be responsive and function so that disturbances in the market and unnatural or disproportionate increases in carbon price or deficiencies in allowances circulating are addressed and corrected immediately.
Amendment 50 #
Proposal for a decision
Recital 14
Recital 14
(14) The analysis carried out in the context of the reserve’s review and the expected developments relevant to the carbon market demonstrate that a rate of 12 % of the total number of allowances in circulation to be placed in the reserve each year after 2023 is insufficient to prevent a significant increase of the surplus of allowances in the EU ETS. Therefore, after 2023 the percentage figure should continue to be 24 %, and thHowever, there is an uncontrolled price surge on the EU ETS market over the last year and a half, suggesting that a significant increase of allowances in the EU ETS is necessary. Furthermore, that analysis did not take minimum number of allowances to be placed in the reserve should also continue to be 200 millioto consideration the current energy crisis, which have led to sudden increases in energy prices for businesses and households in the Union. Therefore, any proposal to continue the doubled uptake rates beyond 2023 should not be pursued until the energy prices become stable and affordable again.
Amendment 62 #
Proposal for a decision
Recital 15
Recital 15
(15) If the rate of the total number of allowances in circulation to be placed in the reserve each year reverts to 12 % after 2023, a potentially harmfulis substantially decreased, using the allowances in the reserve would enable to counteract the disproportionately and unnaturally frequency of high price increases and also address existing structural imbalances on the surpplusy side of allowances in the EU ETS may disturb market stabilityfaced by some Member States. In addition, the rate of 24 % after 2023 shouldmay be established separately from the general review of Directive 2003/87/EC and Decision (EU) 2015/1814 to strengthenaddress inconsistencies of the EU Emissions Trading System in line with the Union’s increased climate ambition for 2030 to ensure market predictability, and as such, the allowances in the reserve should not be cancelled.
Amendment 78 #
Proposal for a decision
Article 1
Article 1
Decision (EU) 2015/1814
Article 1 – paragraph 5 – subparagraph 1
Article 1 – paragraph 5 – subparagraph 1
Amendments to Decision (EU) 2015/1814 In Article 1(5), first subparagraph, of Decision (EU) 2015/1814, the last sentence is replaced by the following: By way of derogation from the first and second sentences, until 31 December 2030, the percentages and the 100 million allowances referred to in those sentences shall be doubled.rticle 1 deleted
Amendment 82 #
Proposal for a decision
Article 1 – paragraph 1 a (new)
Article 1 – paragraph 1 a (new)
Decision (EU) 2015/1814
Article 1 – paragraph 5 a
Article 1 – paragraph 5 a
Amendment 84 #
Proposal for a decision
Article 1 – paragraph 1 b (new)Decision (EU) 2015/1814
Article 1 – paragraph 1 b (new)Decision (EU) 2015/1814
Article 1 – paragraph 6
In Article 1, paragraph 6 is replaced by the following: 6. In any year, ifeach time the total number of allowances in circulation is less than 400 million or the clearing price of allowances in the auctions carried out in accordance with the delegated acts adopted under Article 10(4) of Directive 2003/87/EC surpass 40 EUR, 100 million allowances shall be released from the reserve and added to the volume of allowances to be auctioned by the Member States under Article 10(2) of Directive 2003/87/EC. Where fewer than 100 million allowances are in the reserve, all allowances in the reserve shall be released under this paragraph. Or. en (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02015D1814- 20180408&qid=1642503924151)
Amendment 88 #
Proposal for a decision
Article 1 a (new)Directive 2003/87/EC
Article 1 a (new)Directive 2003/87/EC
Article 10 – paragraphs 1 a a and 1 a b and 1 a c (new)
Amendment 89 #
Proposal for a decision
Article 1 c (new)
Article 1 c (new)
Directive 2003/87/EC
Article 12 – paragraph 1 – introductory part
Article 12 – paragraph 1 – introductory part
Amendment 91 #
Proposal for a decision
Article 1 b (new)
Article 1 b (new)
Directive 2003/87/EC
Article 29 a
Article 29 a
Article 29a Measures in the event of excessive price fluctuations 1. If, for more than six consecutive months, the allowance price is more than three times1b Amendments to Directive 2003/87/EC Article 29a is replaced by the following: "Article 29a Measures in the event of excessive price fluctuations The Commission shall convene a meeting not later than within 7 working days of the Committee established by Article 9 of Decision No 280/2004/EC, if: (a) for two consecutive months or more, the monthly average allowance price reaches twice or more the average price of allowances during the preceding two and a half year period on the European carbon market, or (b) over the course of a year, the monthly average allowance price has risen twice or more than the average price of allowances during the two preceding yearstwo- year period on the European carbon market, the Commission shall immediately convene a meeting of the Committee established by Article 9 of Decision No 280/2004/EC. 2. If the price evolution referred to in paragraph 1 does not correspond to changing market fundamentalsor (c) there is a sudden spike in the allowance price that reaches 50 % higher than its average price of allowances in the preceding three months. 2. For the purposes of paragraph 1: (a) the “monthly average carbon price” for any month is calculated by dividing the sum of the settlement prices of the relevant December futures contract as traded on the relevant carbon market exchange for each relevant day in the month by the number of relevant days in the month. (b) the “average price of allowances during the two preceding years period” is calculated by dividing the sum of the settlement prices of the relevant December futures contract as traded on the relevant carbon market exchange for each relevant day in the two year period ending with the last month before the first month of the period of three consecutive months by the number of relevant days in the two year period. 3. If the price evolution referred to in paragraph 1 is triggered, one of the following measures may be adopshall be implemented, taking into account the degree of price evolution: (a) a measure which allows Member States to bring forward the auctioning of a part of the quantity to be auctioned in a subsequent calendar year; (b) a measure which allows Member States to release for auction up to 25 % of the remaining allowances in the new entrants reserve. Those measures shall be adopted in accordance with the management procedure referred to in Article 23(4). 3. Any measure shall take utmost account of the reports submitted by the Commission to the European Parliament and to the Council pursuant to Article 29, as well as any other relevant information provided by Member States.4.The arrangements for the application of these provisions shall be laid down in the [acts] referred to in Article 10(4). (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02003L0087-; (c) the release of an appropriate quantity of allowances from the market stability reserve. The Committee may also consider additional interventions if the circumstances justify further or earlier action. Or. en 20210101&qid=1642503235409)
Amendment 92 #
Proposal for a decision
Article 1 c (new)Directive 2003/87/EC
Article 1 c (new)Directive 2003/87/EC
Article 29 b (new)