Activities of Petros KOKKALIS related to 2021/0214(COD)
Shadow opinions (1)
OPINION on the proposal for a regulation of the European Parliament and of the Council Establishing a carbon border adjustment mechanism
Amendments (13)
Amendment 8 #
Proposal for a regulation
Recital 9
Recital 9
(9) The initiative for a carbon border adjustment mechanism (‘CBAM’) is a part of the ‘Fit for 55 Package’ and of the Union's response to the climate emergency. That mechanism is to serve as an essential element of the EU toolbox to prevent further environmental harm from and meet the objective of a climate-neutral Union by 2050 in line with the Paris Agreement by addressing risks of carbon leakage resulting from the increased Union climate ambition.
Amendment 25 #
Proposal for a regulation
Recital 29
Recital 29
(29) The goods under this Regulation should be selected after a careful analysis of their relevance in terms of cumulated GHG emissions and risk of carbon leakage in the corresponding EU ETS sectors while limiting complexity and administrative burden. In particular, the actual selection should take into account basic materials and basic products covered by the EU ETS with the objective of ensuring that imports of energy intensive products into the Union are on equal footing with EU products in terms of EU ETS carbon pricing, and to mitigate risks of carbon leakage. Other relevant criteria to narrow the selection should be: firstly, relevance of sectors in terms of emissions, namely whether the sector is one of the largest aggregate emitters of GHG emissions; secondly, sector’s exposure to significant risk of carbon leakage, as defined pursuant to Directive 2003/87/EC; thirdly, the need to balance broad coverage in terms of GHG emissions while limiting complexity and the need to minimize excessive administrative effortburden.
Amendment 29 #
Proposal for a regulation
Recital 51
Recital 51
(51) To facilitate and ensure a proper functioning of the CBAM, the Commission should provide support to the competent authorities responsible for the application of this Regulation in carrying out their obligations and monitor their work in order to ensure transparency.
Amendment 35 #
Proposal for a regulation
Recital 61
Recital 61
(61) The financial interests of the Union should be protected through proportionate measures throughout the expenditure cycle, including the prevention, detection and investigation of irregularities and lack of transparency, the recovery of funds lost, wrongly paid or incorrectly used and, where appropriate, administrative and financial penalties.
Amendment 139 #
Proposal for a regulation
Recital 5
Recital 5
(5) Regulation (EU) 2021/1119 of the European Parliament and of the Council35 has enshrined in legislation the target of economy-wide climate neutrality by 2050 at latest. That Regulation also establishes a binding Union reduction commitment of GHG emissions of at least 55 per cent below 1990 levels by 2030. __________________ 35Regulation (EU) 2021/1119 of the European Parliament and of the Council of 30 June 2021 establishing the framework for achieving climate neutrality and amending Regulation (EU) 2018/1999 (‘European Climate Law’) (OJ L 243, 9.7.2021, p. 1).
Amendment 155 #
Proposal for a regulation
Recital 9
Recital 9
(9) The initiative for a carbon border adjustment mechanism (‘CBAM’) is a part of the ‘Fit for 55 Package’. That mechanism is to serve as an essential element of the EU toolbox to meet the objective of a climate-neutral Union by 2050 at latest in line with the Paris Agreement by addressing risks of carbon leakage resulting from the increased Union climate ambition. It will also contribute to establishing a level playing field for decarbonisation costs, to increasing the demand for low-carbon products and processes, as well as to avoid distortions of competition and promote fair trade.
Amendment 165 #
Proposal for a regulation
Recital 9 a (new)
Recital 9 a (new)
(9a) The CBAM shall contribute to the implementation of the SDGs by promoting decent working conditions and ensuring that goods placed on the EU market are produced under conditions that respect ILO conventions and human rights.
Amendment 519 #
Proposal for a regulation
Recital 55 a (new)
Recital 55 a (new)
(55a) Financial aid should be provided to support the decarbonisation of the power sector of low-income countries from which the EU imports electricity.
Amendment 532 #
Proposal for a regulation
Article 1 – paragraph 1
Article 1 – paragraph 1
1. This Regulation establishes a carbon border adjustment mechanism (the ‘CBAM’) for addressing greenhouse gas emissions embedded in the goods referred to in Annex I, upon their importation into the customs territory of the Union, in order to prevent the risk of carbon leakage. It contributes to Union action to tackle the climate crisis by incentivising and supporting the reduction of emissions in third countries as well.
Amendment 965 #
Proposal for a regulation
Article 24 a (new)
Article 24 a (new)
Article 24a Financial aid shall be provided to support the decarbonisation of the power sector of low-income countries from which the EU imports electricity. The financial aid shall be at least equivalent in value to the revenues generated by the sale of CBAM certificates to electricity importers.
Amendment 1296 #
Proposal for a regulation
Annex III – point 4 – point 4.2 – paragraph 1
Annex III – point 4 – point 4.2 – paragraph 1
Default values for imported electricity shall be determined based on either specific default values for a third country, group of third countries or region within a third country, or if those values are not available, on EU default values for similar electricity production in the EU, according to point 4.2.2.
Amendment 1298 #
Proposal for a regulation
Annex III – point 4 – point 4.2 – point 4.2.1 – paragraph 1
Annex III – point 4 – point 4.2 – point 4.2.1 – paragraph 1
Specific default values shall be based on the best data available to the Commission determiningcalculated as the average CO2of emission factor in tonnes of CO2 per megawatt- hour of price-setting sources ins of all thermal power plants of the third country, group of third countries or region within a third country, weighted by their share in the fossil-based electricity production during the most recent year for which emission and gross electricity production data from fossil fuels are available.
Amendment 1300 #
Proposal for a regulation
Annex III – point 4 – point 4.2 – point 4.2.2
Annex III – point 4 – point 4.2 – point 4.2.2