Activities of Giovanni LA VIA related to 2014/0011(COD)
Plenary speeches (2)
Market stability reserve for the Union greenhouse gas emission trading scheme (A8-0029/2015 - Ivo Belet) IT
Market stability reserve for the Union greenhouse gas emission trading scheme (debate) IT
Amendments (10)
Amendment 54 #
Proposal for a decision
Recital 3 a (new)
Recital 3 a (new)
(3a) In line with the European Council conclusions of 23 and 24 October 2014 on the 2030 Climate and Energy Policy Framework, and given the considerable efforts necessary to combat climate change and to adapt to its inevitable effects, and also given both the direct and indirect costs that the ETS entails for companies, it is appropriate that the entirety of the revenues generated from the auctioning of allowances be used primarily to compensate for indirect costs passed on in electricity prices as well as to reduce greenhouse gas emissions.
Amendment 63 #
Proposal for a decision
Recital 3 b (new)
Recital 3 b (new)
(3b) Certain installations which have been determined to be exposed to a significant risk of carbon leakage for costs related to greenhouse gas emissions passed on in electricity prices should be compensated through harmonised financial measures, including measures relating to the use of the revenues generated from the auctioning of allowances.
Amendment 80 #
Proposal for a decision
Recital 5
Recital 5
(5) Articles 10 and 13(2) of Directive 2003/87/EC should therefore be amended accordingly,
Amendment 95 #
Proposal for a decision
Article 1 – paragraph 1
Article 1 – paragraph 1
1. A market stability reserve is established, and shall operate from 1 January 20217.
Amendment 112 #
Proposal for a decision
Article 1 – paragraph 2
Article 1 – paragraph 2
2. The Commission shall publish the total number of allowances in circulation each year, by 15 May of the subsequent year. The total number of allowances in circulation for year x shall be the cumulative number of allowances issued in the period since 1 January 2008, including the number issued pursuant to Article 13(2) of Directive 2003/87/EC in that period and entitlements to use international credits exercised by installations under the EU emission trading system in respect of emissions up to 31 December of year x, minus the cumulative tonnes of verified emissions from installations under the EU emission trading system between 1 January 2008 and 31 December of year x, any allowances cancelled in accordance with Article 12(4) of Directive 2003/87/EC and the number of allowances in the reserve. No account shall be taken of emissions during the three-year period starting in 2005 and ending in 2007 and allowances issued in respect of those emissions. The first publication shall take place by 15 May 20176.
Amendment 177 #
Proposal for a decision
Article 2 – paragraph 1 – point 3 a (new)
Article 2 – paragraph 1 – point 3 a (new)
Directive 2003/87/EC
Article 10 – paragraph 1 b (new)
Article 10 – paragraph 1 b (new)
3a. In Article 10, the following paragraph shall be inserted: "1b. Half of the allowances that are backloaded in accordance with Decision No 1359/2013/EU of the European Parliament and of the Council and Commission Regulation (EU) No 176/2014 shall be permanently deleted."
Amendment 180 #
Proposal for a decision
Article 2 – paragraph 1 – point 3 b (new)
Article 2 – paragraph 1 – point 3 b (new)
Amendment 183 #
Proposal for a decision
Article 2 – paragraph 1 – point 3 e (new)
Article 2 – paragraph 1 – point 3 e (new)
Directive 2003/87/EC
Article 10 – paragraph 3 – subparagraph 2
Article 10 – paragraph 3 – subparagraph 2
3e. In Article 10(3), the second subparagraph is replaced by the following: "Member States shall be deemed to have fulfilled the provisions of this paragraph if they have in place and implement fiscal or financial support policies, including in particular in developing countries, or domestic regulatory policies, which leverage financial support, established for the purposes set out in the first subparagraph and which have a value equivalent to at least 50 % of thell revenues generated from the auctioning of allowances referred to in paragraph 2, including all revenues from the auctioning referred to in paragraph 2, points (b) and (c)."
Amendment 187 #
Proposal for a decision
Article 2 – paragraph 1 – point 3 i (new)
Article 2 – paragraph 1 – point 3 i (new)
Directive 2003/87/EC
Article 10 a – paragraph 6 – subparagraph 1
Article 10 a – paragraph 6 – subparagraph 1
Amendment 197 #
Proposal for a decision
Article 2 a (new)
Article 2 a (new)
Article 2a Review of Directive 2003/87/EC Within six months of the entry into force of this Decision [insert number of this Decision when known] and no later than mid-2015, the Commission shall review Directive 2003/87/EC, taking into account the conclusions of the European Council of 23 and 24 October 2014, in particular with regard to carbon leakage provisions and the need for continuation after 2020 of free allocations for direct costs for the most efficient installations, thereby better reflecting changing production levels. In that review, the Commission shall also take into account harmonised measures at the Union level for indirect carbon costs so as to avoid any distortions in the internal market. In accordance with the ordinary legislative procedure, the Commission shall submit a proposal to the European Parliament and the Council in this respect.