BETA

Activities of Oreste ROSSI related to 2012/0202(COD)

Plenary speeches (1)

Timing of auctions of greenhouse gas allowances (debate)
2016/11/22
Dossiers: 2012/0202(COD)

Amendments (11)

Amendment 23 #
Proposal for a decision
Title
DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amendrepealing Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances
2013/06/14
Committee: ENVI
Amendment 25 #
Proposal for a decision
Recital -1 a (new)
(-1a) A reduction in carbon dioxide emissions is being achieved in the Union, in line with the targets set in the EU’s ‘climate and energy’ package, principally owing to the economic crisis that Europe has been suffering since 2008.
2013/06/14
Committee: ENVI
Amendment 28 #
Proposal for a decision
Recital 1
(1) Article 10(4) of Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing aThere are clear structural shortcomings in the scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC does not specify how volumes of greenhouse gas emission allowances to be auctioned are to be distributed over the trading period(EU ETS) established by Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003: on the one hand, rather than preventing carbon leakage, it has actually encouraged this, while on the other hand it has added to energy costs in ETS sectors where there is no leakage.
2013/06/14
Committee: ENVI
Amendment 32 #
Proposal for a decision
Recital 1 a (new)
(1a) The collapse in demand for emissions allowances triggered by the economic crisis and by leakage has resulted in a sharp fall in the market value of allowances. Paradoxically, it is only in this way that the EU ETS has shown itself apt to meet the target set in Article 1(1) of Directive 2003/87/EC, which is ‘to promote reductions of greenhouse gas emissions in a cost-effective and economically efficient manner.’ It is easy to predict that when the EU economy starts to grow again, carbon dioxide emissions will also begin to increase, and with them the market value of allowances.
2013/06/14
Committee: ENVI
Amendment 36 #
Proposal for a decision
Recital 1 a (new)
(1a) The EU ETS has, by itself, therefore proved that it is not working, and for this reason it should be discontinued at the end of the current trading cycle in 2020, bearing in mind also that it is precisely in 2020 that a new global UNFCCC agreement will enter into force.
2013/06/14
Committee: ENVI
Amendment 37 #
Proposal for a decision
Article 1 – paragraph 1
Directive 2003/87/EC
Article 10 – paragraph 4 – subparagraph 1
The CommissiShould exceptional circumstances require one shall, where appropriate, adapt the timetable for each period so as to ensure an orderly functioning of the marketingle intervention on the auctioning timetable over the whole third period of EU-ETS, Member States shall immediately adopt financial measures to offset the short and medium-term indirect costs on carbon leakage-sectors passed- through in electricity prices, derived from such an intervention. Such financial measures must be in accordance with state aid rules in this area.
2012/12/20
Committee: ENVI
Amendment 41 #
Proposal for a decision
Recital 2
(2) For the purposes of legal certainty and market predictability, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able in exceptional circumstances to adapt the auction timetable pursuant to Article 10(4) of Directive 2003/87/EC.deleted
2013/06/14
Committee: ENVI
Amendment 54 #
Proposal for a decision
Recital 3
(3) Directive 2003/87/EC should therefore be amended accordinglyrepealed with effect from 1 January 2021,
2013/06/14
Committee: ENVI
Amendment 55 #
Proposal for a decision
Recital 3 a (new)
(3a) More generally, the climate change policy based on market mechanisms, as provided for in the Kyoto Protocol, has shown itself to be ineffective, especially when those mechanisms are not applied at global level, and to be non-transparent. The EU should therefore consider adopting alternative policies in good time.
2013/06/14
Committee: ENVI
Amendment 62 #
Proposal for a decision
Article 1
In the first subparagraph of Article 10(4) of Directive 2003/87/EC the following sentence is added: "The CommissionThe scheme for greenhouse gas emission trading established by Directive 2003/87/EC is to end on 31 December 2020. Directive 2003/87/EC shall, w there appropriate, adapt the timetable for each period so as to ensure an orderly functioning of the market."fore be repealed with effect from 1 January 2021.
2013/06/14
Committee: ENVI
Amendment 71 #
Proposal for a decision
Article 1 - paragraph 1 a (new)
1a. By 30 June 2015, the Commission shall forward to the European Parliament and to the Council a feasibility study and cost-benefit analysis of climate change policies based on instruments other than market mechanisms, including the introduction of a carbon tax at the EU’s borders.
2013/06/14
Committee: ENVI