BETA


2012/0202(COD) Greenhouse gas emission allowance trading: timing of auctions

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead ENVI GROOTE Matthias (icon: S&D S&D) KORHOLA Eija-Riitta (icon: PPE PPE), DAVIES Chris (icon: ALDE ALDE), EICKHOUT Bas (icon: Verts/ALE Verts/ALE), CALLANAN Martin (icon: ECR ECR), CYMAŃSKI Tadeusz (icon: EFD EFD)
Committee Opinion ITRE SARTORI Amalia (icon: PPE PPE)
Lead committee dossier:
Legal Basis:
TFEU 192-p1

Events

2013/12/19
   Final act published in Official Journal
Details

PURPOSE: to clarify the provisions of Directive 2003/87/EC on the timing of auctions of greenhouse gas allowances.

LEGISLATIVE ACT: Decision No 1359/2013/EU of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

CONTENT: Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowance trading within the Community does not specify how volumes of greenhouse gas emission allowances to be auctioned are to be distributed over the trading period.

For the purposes of legal certainty and market predictability , this Decision intends to clarify that, in order to ensure the orderly functioning of the market, the Commission is able in exceptional circumstances to adapt the auction timetable.

This Decision amends Directive 2003/87/EC of the European Parliament and the Council so that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure the orderly functioning of the market .

The Commission should make no more than one such adaptation for a maximum number of 900 million allowances.

2013/12/17
   CSL - Draft final act
Documents
2013/12/17
   CSL - Final act signed
2013/12/16
   EP/CSL - Act adopted by Council after Parliament's 1st reading
2013/12/16
   EP - End of procedure in Parliament
2013/12/16
   CSL - Council Meeting
2013/12/10
   EP - Decision by Parliament, 1st reading
Details

The European Parliament adopted by 385 votes to 284, with 24 abstentions, a legislative resolution on the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The matter was referred back to the committee responsible at its 3 July 2013 plenary session.

Parliament adopted its position at first reading following the ordinary legislative procedure. The amendment to the Commission proposal adopted in plenary is the result of a compromise negotiated between the European Parliament and the Council.

The amendment stipulated that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure the orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances.

Documents
2013/07/03
   EP - Decision by Parliament, 1st reading
Details

The European Parliament adopted by 344 votes to 311, with 46 abstentions, an amendment to the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The matter was referred back to the committee responsible . The vote was therefore postponed.

The proposal sought to stipulate that the Commission would be adapt, if necessary, the timing of auctions of greenhouse gas allowances in order to ensure an orderly functioning of the market.

The amendment adopted by Parliament states that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure an orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances .

Documents
2013/06/14
   EP - Amendments tabled in committee
Documents
2013/04/16
   EP - Results of vote in Parliament
2013/04/16
   EP - Decision by Parliament, 1st reading
Details

The European Parliament rejected by 334 votes to 315, with 63 abstentions, the proposal for a Decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The matter is therefore referred back for re-examination by the committee responsible .

The proposal sought to stipulate, for reasons of legal certainty, that the Commission would be empowered to adapt the timing of auctions of greenhouse gas allowances laid down in Regulation (EU) 1031/2010 in order to ensure an orderly functioning of the market.

2013/04/15
   EP - Debate in Parliament
2013/02/25
   EP - Committee report tabled for plenary, 1st reading
Details

The Committee on the Environment, Public Health and Food Safety adopted the report by Matthias GROOTE (S&D, DE) on the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The committee recommends that the European Parliament’s position, adopted at first reading following the ordinary legislative procedures, should be to amend the Commission proposal as follows:

Auction timetables : 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 provided that such intervention can be justified by an impact assessment showing that impact on sectors exposed to a significant risk of carbon leakage is limited. The Commission should be able to make no more than one such adaptation and only during the eight-year period beginning on 1 January 2013 .

A new recital stipulates that adapting the auction timetable should be considered to be a short-term action, rather than a structural measure intended to address market imbalances of the EU ETS, and should not undermine the stability and predictability of the EU ETS.

Guidelines on certain state aids : in the light of potentially higher prices for certificates, the guidelines on certain State aid measures in the context of the greenhouse gas emission allowance trading scheme post-2012 and the criteria laid down in Directive 2003/87/EC (direct emission costs) should be considered for a revision taking into account the risk of carbon leakage and distortion of competition between sectors.

Documents
2013/02/19
   EP - Vote in committee, 1st reading
2013/02/15
   EP - Amendments tabled in committee
Documents
2013/02/12
   CZ_SENATE - Contribution
Documents
2013/01/28
   EP - Committee opinion
Documents
2013/01/24
   EP - SARTORI Amalia (PPE) appointed as rapporteur in ITRE
2012/12/20
   EP - Amendments tabled in committee
Documents
2012/11/23
   EP - Committee draft report
Documents
2012/11/14
   ESC - Economic and Social Committee: opinion, report
Documents
2012/11/06
   RO_SENATE - Contribution
Documents
2012/10/24
   PT_PARLIAMENT - Contribution
Documents
2012/09/12
   EP - GROOTE Matthias (S&D) appointed as rapporteur in ENVI
2012/09/11
   EP - Committee referral announced in Parliament, 1st reading
2012/07/25
   EC - Legislative proposal
Details

PURPOSE: to amend Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

PROPOSED ACT: Decision of the European Parliament and of the Council.

BACKGROUND: Directive 2003/87/EC establishing a 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.

One of the features of the change from the phase 2 (period from 2008 to 2012) into phase 3 (period from 2013 to 2020) and the implementation provisions adopted so far is that the supply of allowances and international credits is expected to temporarily increase significantly in the short term. This exacerbates the already significant, unforeseen impact of the macro-economic developments, due to which emissions have decreased considerably and are not expected to increase significantly in 2012 and 2013. This combination of increased net supply and reduced demand increasingly affects the orderly functioning of the European carbon market in the transition to phase 3.

In the light of such exceptional circumstances, the Commission is currently reviewing the need for a further change of the auctioning timetable and will invite experts in the Climate Change Committee to consider a draft for a future amendment to Commission Regulation (EU) No 1031/2010 and indicate their view on the appropriate action to be taken before the end of this year. The Commission also invites any other interested stakeholders to express their views on this draft and will actively engage with them in this regard.

Meanwhile, the legislative process to clarify the scope of the Commission's powers by means of the present proposal should proceed swiftly and independently of the result of consultations with the Climate Change Committee.

Finally, the Commission reaffirms its commitment, as stated in the context of the agreement on the Energy Efficiency Directive, to urgently examine and present options for action with a view to adopting further appropriate structural measures to strengthen the ETS during phase 3, and make it more effective.

IMPACT ASSESSMENT: no impact assessment was undertaken.

LEGAL BASIS: Article 192(1) of the Treaty on the Functioning of the European Union (TFEU).

CONTENT: for the purposes of legal certainty, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able to adapt the auction timetable laid down in Commission Regulation (EU) No 1031/2010. The proposed amendment would expressly provide such clarification in the relevant provision of the EU ETS Directive.

BUDGETARY IMPACT: this measure does not have any impact on the Union’s budget.

2012/07/25
   EC - Legislative proposal published
Details

PURPOSE: to amend Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

PROPOSED ACT: Decision of the European Parliament and of the Council.

BACKGROUND: Directive 2003/87/EC establishing a 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.

One of the features of the change from the phase 2 (period from 2008 to 2012) into phase 3 (period from 2013 to 2020) and the implementation provisions adopted so far is that the supply of allowances and international credits is expected to temporarily increase significantly in the short term. This exacerbates the already significant, unforeseen impact of the macro-economic developments, due to which emissions have decreased considerably and are not expected to increase significantly in 2012 and 2013. This combination of increased net supply and reduced demand increasingly affects the orderly functioning of the European carbon market in the transition to phase 3.

In the light of such exceptional circumstances, the Commission is currently reviewing the need for a further change of the auctioning timetable and will invite experts in the Climate Change Committee to consider a draft for a future amendment to Commission Regulation (EU) No 1031/2010 and indicate their view on the appropriate action to be taken before the end of this year. The Commission also invites any other interested stakeholders to express their views on this draft and will actively engage with them in this regard.

Meanwhile, the legislative process to clarify the scope of the Commission's powers by means of the present proposal should proceed swiftly and independently of the result of consultations with the Climate Change Committee.

Finally, the Commission reaffirms its commitment, as stated in the context of the agreement on the Energy Efficiency Directive, to urgently examine and present options for action with a view to adopting further appropriate structural measures to strengthen the ETS during phase 3, and make it more effective.

IMPACT ASSESSMENT: no impact assessment was undertaken.

LEGAL BASIS: Article 192(1) of the Treaty on the Functioning of the European Union (TFEU).

CONTENT: for the purposes of legal certainty, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able to adapt the auction timetable laid down in Commission Regulation (EU) No 1031/2010. The proposed amendment would expressly provide such clarification in the relevant provision of the EU ETS Directive.

BUDGETARY IMPACT: this measure does not have any impact on the Union’s budget.

Documents

Activities

Votes

A7-0046/2013 - Matthias Groote - Am 22-25+27 (bloc) #

2013/07/03 Outcome: -: 359, +: 303, 0: 31
FR ES BE SK IE DK SE AT SI LT MT LU PT BG EE NL LV FI HU HR CY GB EL CZ RO IT DE PL
Total
73
53
22
13
9
13
12
18
8
11
5
6
19
16
5
26
8
10
20
11
6
57
21
20
26
65
90
49
icon: S&D S&D
178

Ireland S&D

2

Slovenia S&D

2

Luxembourg S&D

Against (1)

1

Bulgaria S&D

For (1)

3

Estonia S&D

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1

Netherlands S&D

3

Latvia S&D

1

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1

Cyprus S&D

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2
icon: ALDE ALDE
74

Spain ALDE

2

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1

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2
3

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2

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1

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1

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3

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2

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1

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2
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1

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1
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1

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1

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2

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3
5
2
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A7-0046/2013 - Matthias Groote - Am 21 #

2013/07/03 Outcome: +: 346, -: 308, 0: 36
FR BE AT DK SE NL SK IE SI GB ES LU RO LT PT MT EE LV BG DE FI EL HR CY HU CZ IT PL
Total
72
22
18
13
12
26
13
11
8
58
50
6
26
11
18
5
5
8
16
90
10
21
11
4
21
20
65
49
icon: S&D S&D
172

Netherlands S&D

3

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2

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1

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1

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1

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4
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2

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28

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2

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1

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2

A7-0046/2013 - Matthias Groote - Am 26 #

2013/07/03 Outcome: -: 666, +: 17, 0: 16
MT LU EE CY PT LV SI LT DK HR FI IE SE SK AT BG HU NL BE CZ EL RO ES PL GB IT FR DE
Total
5
6
6
6
18
8
8
11
13
12
10
11
12
13
18
16
20
26
22
20
21
27
51
49
57
65
73
94
icon: PSE PSE
1

Bulgaria PSE

Abstain (1)

1
icon: NI NI
28

Bulgaria NI

2

Hungary NI

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3

Belgium NI

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1

Romania NI

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2

Spain NI

1
5
icon: EFD EFD
25

Lithuania EFD

2

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1

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1

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1

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1

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2

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1

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1
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34

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2

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4

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2

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5
icon: ALDE ALDE
77

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1

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2

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1

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3

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2
3

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1

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1
3
icon: S&D S&D
176

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1

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1
2

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1

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2

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1

Ireland S&D

3

Bulgaria S&D

3

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3

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3
icon: PPE PPE
256

Malta PPE

2

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3

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1

Sweden PPE

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1

Czechia PPE

2

A7-0046/2013 - Matthias Groote - Am 28 #

2013/07/03 Outcome: -: 576, +: 117, 0: 7
LU SI EE CZ LV LT SK MT HU CY IE BE DK HR AT FI PT NL RO SE GB BG EL PL FR ES IT DE
Total
6
8
6
20
8
11
13
5
20
6
11
22
13
12
18
10
19
26
26
12
58
16
21
49
73
52
65
93
icon: ECR ECR
47

Latvia ECR

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1

Lithuania ECR

1

Hungary ECR

For (1)

1

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1

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1

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1

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1
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1

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1
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25

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2

Slovakia EFD

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1

Belgium EFD

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1

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1

Finland EFD

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1

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1

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1

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2

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1
icon: NI NI
28

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3

Belgium NI

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1

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2

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5

Bulgaria NI

2

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1
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34

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1

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1
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Hungary S&D

3
2

Ireland S&D

3

Finland S&D

Against (1)

1

Netherlands S&D

3

Bulgaria S&D

3

A7-0046/2013 - Matthias Groote - Proposition modifiée #

2013/07/03 Outcome: +: 344, -: 311, 0: 46
FR BE SE DK SK AT NL IE SI ES PT LU LT HR MT GB RO EE FI LV BG DE HU CY EL CZ IT PL
Total
73
22
13
13
13
18
25
10
8
50
19
6
11
12
5
65
27
6
10
8
16
90
19
5
21
20
66
49
icon: S&D S&D
173

Netherlands S&D

3

Slovenia S&D

2

Luxembourg S&D

Against (1)

1

Estonia S&D

For (1)

1

Finland S&D

1

Latvia S&D

1

Bulgaria S&D

3

Hungary S&D

2
2
icon: Verts/ALE Verts/ALE
56
3

Denmark Verts/ALE

2

Austria Verts/ALE

2

Netherlands Verts/ALE

3

Spain Verts/ALE

2

Portugal Verts/ALE

For (1)

1

Luxembourg Verts/ALE

For (1)

1

United Kingdom Verts/ALE

5

Estonia Verts/ALE

For (1)

1

Finland Verts/ALE

2

Greece Verts/ALE

1
icon: ALDE ALDE
75
3

Slovakia ALDE

For (1)

1

Ireland ALDE

2

Slovenia ALDE

2

Spain ALDE

2

Luxembourg ALDE

For (1)

1

Lithuania ALDE

1

Estonia ALDE

For (1)

3

Finland ALDE

For (1)

Against (1)

2

Latvia ALDE

For (1)

1

Greece ALDE

Against (1)

1
icon: PSE PSE
1

Bulgaria PSE

Abstain (1)

1
icon: GUE/NGL GUE/NGL
33

Sweden GUE/NGL

1

Denmark GUE/NGL

1

Netherlands GUE/NGL

2

Ireland GUE/NGL

For (1)

1

Spain GUE/NGL

Against (1)

1

Portugal GUE/NGL

Abstain (2)

4

Croatia GUE/NGL

Abstain (1)

1

United Kingdom GUE/NGL

1

Latvia GUE/NGL

Against (1)

1

Cyprus GUE/NGL

Against (1)

1
icon: NI NI
28

Belgium NI

Against (1)

1

Spain NI

1
5
2

Bulgaria NI

2

Hungary NI

Against (1)

3
icon: EFD EFD
32

France EFD

Against (1)

1

Belgium EFD

Against (1)

1

Denmark EFD

Abstain (1)

1

Slovakia EFD

Abstain (1)

1

Netherlands EFD

For (1)

1

Lithuania EFD

2

Finland EFD

Against (1)

1

Greece EFD

2
icon: ECR ECR
47

Belgium ECR

Against (1)

1

Denmark ECR

For (1)

1

Netherlands ECR

For (1)

1

Lithuania ECR

Against (1)

1

Croatia ECR

Against (1)

1

Latvia ECR

Abstain (1)

1

Hungary ECR

Against (1)

1
icon: PPE PPE
255

Sweden PPE

For (1)

1

Denmark PPE

For (1)

1

Ireland PPE

Against (2)

4

Slovenia PPE

Against (1)

4

Luxembourg PPE

Against (1)

3

Malta PPE

2

Estonia PPE

Against (1)

1

Cyprus PPE

2

Czechia PPE

2
AmendmentsDossier
136 2012/0202(COD)
2012/12/20 ENVI 80 amendments...
source: PE-502.103
2013/02/18 ENVI 2 amendments...
source: PE-504.323
2013/06/14 ENVI 54 amendments...
source: PE-513.015

History

(these mark the time of scraping, not the official date of the change)

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  • date: 2012-10-25T00:00:00 docs: url: http://www.connefof.europarl.europa.eu/connefof/app/exp/COM(2012)0416 title: COM(2012)0416 type: Contribution body: PT_PARLIAMENT
  • date: 2012-11-07T00:00:00 docs: url: http://www.connefof.europarl.europa.eu/connefof/app/exp/COM(2012)0416 title: COM(2012)0416 type: Contribution body: RO_SENATE
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  • date: 2012-07-25T00:00:00 type: Legislative proposal published body: EC docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2012&nu_doc=416 title: EUR-Lex title: COM(2012)0416 summary: PURPOSE: to amend Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances. PROPOSED ACT: Decision of the European Parliament and of the Council. BACKGROUND: Directive 2003/87/EC establishing a 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. One of the features of the change from the phase 2 (period from 2008 to 2012) into phase 3 (period from 2013 to 2020) and the implementation provisions adopted so far is that the supply of allowances and international credits is expected to temporarily increase significantly in the short term. This exacerbates the already significant, unforeseen impact of the macro-economic developments, due to which emissions have decreased considerably and are not expected to increase significantly in 2012 and 2013. This combination of increased net supply and reduced demand increasingly affects the orderly functioning of the European carbon market in the transition to phase 3. In the light of such exceptional circumstances, the Commission is currently reviewing the need for a further change of the auctioning timetable and will invite experts in the Climate Change Committee to consider a draft for a future amendment to Commission Regulation (EU) No 1031/2010 and indicate their view on the appropriate action to be taken before the end of this year. The Commission also invites any other interested stakeholders to express their views on this draft and will actively engage with them in this regard. Meanwhile, the legislative process to clarify the scope of the Commission's powers by means of the present proposal should proceed swiftly and independently of the result of consultations with the Climate Change Committee. Finally, the Commission reaffirms its commitment, as stated in the context of the agreement on the Energy Efficiency Directive, to urgently examine and present options for action with a view to adopting further appropriate structural measures to strengthen the ETS during phase 3, and make it more effective. IMPACT ASSESSMENT: no impact assessment was undertaken. LEGAL BASIS: Article 192(1) of the Treaty on the Functioning of the European Union (TFEU). CONTENT: for the purposes of legal certainty, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able to adapt the auction timetable laid down in Commission Regulation (EU) No 1031/2010. The proposed amendment would expressly provide such clarification in the relevant provision of the EU ETS Directive. BUDGETARY IMPACT: this measure does not have any impact on the Union’s budget.
  • date: 2012-09-11T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2013-02-19T00:00:00 type: Vote in committee, 1st reading/single reading body: EP
  • date: 2013-02-25T00:00:00 type: Committee report tabled for plenary, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A7-2013-46&language=EN title: A7-0046/2013 summary: The Committee on the Environment, Public Health and Food Safety adopted the report by Matthias GROOTE (S&D, DE) on the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances. The committee recommends that the European Parliament’s position, adopted at first reading following the ordinary legislative procedures, should be to amend the Commission proposal as follows: Auction timetables : 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 provided that such intervention can be justified by an impact assessment showing that impact on sectors exposed to a significant risk of carbon leakage is limited. The Commission should be able to make no more than one such adaptation and only during the eight-year period beginning on 1 January 2013 . A new recital stipulates that adapting the auction timetable should be considered to be a short-term action, rather than a structural measure intended to address market imbalances of the EU ETS, and should not undermine the stability and predictability of the EU ETS. Guidelines on certain state aids : in the light of potentially higher prices for certificates, the guidelines on certain State aid measures in the context of the greenhouse gas emission allowance trading scheme post-2012 and the criteria laid down in Directive 2003/87/EC (direct emission costs) should be considered for a revision taking into account the risk of carbon leakage and distortion of competition between sectors.
  • date: 2013-04-15T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20130415&type=CRE title: Debate in Parliament
  • date: 2013-04-16T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=22615&l=en title: Results of vote in Parliament
  • date: 2013-04-16T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP summary: The European Parliament rejected by 334 votes to 315, with 63 abstentions, the proposal for a Decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances. The matter is therefore referred back for re-examination by the committee responsible . The proposal sought to stipulate, for reasons of legal certainty, that the Commission would be empowered to adapt the timing of auctions of greenhouse gas allowances laid down in Regulation (EU) 1031/2010 in order to ensure an orderly functioning of the market.
  • date: 2013-07-03T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2013-310 title: T7-0310/2013 summary: The European Parliament adopted by 344 votes to 311, with 46 abstentions, an amendment to the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances. The matter was referred back to the committee responsible . The vote was therefore postponed. The proposal sought to stipulate that the Commission would be adapt, if necessary, the timing of auctions of greenhouse gas allowances in order to ensure an orderly functioning of the market. The amendment adopted by Parliament states that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure an orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances .
  • date: 2013-12-10T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2013-0543 title: T7-0543/2013 summary: The European Parliament adopted by 385 votes to 284, with 24 abstentions, a legislative resolution on the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances. The matter was referred back to the committee responsible at its 3 July 2013 plenary session. Parliament adopted its position at first reading following the ordinary legislative procedure. The amendment to the Commission proposal adopted in plenary is the result of a compromise negotiated between the European Parliament and the Council. The amendment stipulated that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure the orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances.
  • date: 2013-12-16T00:00:00 type: Act adopted by Council after Parliament's 1st reading body: EP/CSL
  • date: 2013-12-16T00:00:00 type: End of procedure in Parliament body: EP
  • date: 2013-12-17T00:00:00 type: Final act signed body: CSL
  • date: 2013-12-19T00:00:00 type: Final act published in Official Journal summary: PURPOSE: to clarify the provisions of Directive 2003/87/EC on the timing of auctions of greenhouse gas allowances. LEGISLATIVE ACT: Decision No 1359/2013/EU of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances. CONTENT: Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowance trading within the Community does not specify how volumes of greenhouse gas emission allowances to be auctioned are to be distributed over the trading period. For the purposes of legal certainty and market predictability , this Decision intends to clarify that, in order to ensure the orderly functioning of the market, the Commission is able in exceptional circumstances to adapt the auction timetable. This Decision amends Directive 2003/87/EC of the European Parliament and the Council so that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure the orderly functioning of the market . The Commission should make no more than one such adaptation for a maximum number of 900 million allowances. docs: title: Decision 2013/1359 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32013D1359 title: OJ L 343 19.12.2013, p. 0001 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2013:343:TOC
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  • body: EC dg: url: http://ec.europa.eu/dgs/clima/mission/index_en.htm title: Climate Action commissioner: HEDEGAARD Connie
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  • name: European Economic and Social Committee
  • name: European Committee of the Regions
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  • ENVI/7/10157
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  • Decision
  • Amending Directive 2003/87/EC 2001/0245(COD)
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  • 3.70.02 Atmospheric pollution, motor vehicle pollution
  • 3.70.03 Climate change, ozone layer
  • 3.70.18 International and regional environment protection measures and agreements
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3.70.03
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  • Amending Directive 2003/87/EC
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  • body: EP responsible: False committee: ITRE date: 2013-01-24T00:00:00 committee_full: Industry, Research and Energy rapporteur: group: PPE name: SARTORI Amalia
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  • body: EP responsible: False committee: ITRE date: 2013-01-24T00:00:00 committee_full: Industry, Research and Energy rapporteur: group: PPE name: SARTORI Amalia
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Old

The European Parliament adopted by 344 votes to 311, with 46 abstentions, an amendment to the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The matter was referred back to the committee responsible. The vote was therefore postponed.

The proposal sought to stipulate that the Commission would be adapt, if necessary, the timing of auctions of greenhouse gas allowances in order to ensure an orderly functioning of the market.

The amendment adopted by Parliament states that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure an orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances.

New

The Committee on the Environment, Public Health and Food Safety adopted the report by Matthias GROOTE (S&D, DE) on the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The committee recommends that the European Parliament’s position, adopted at first reading following the ordinary legislative procedures, should be to amend the Commission proposal as follows:

Auction timetables: 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 provided that such intervention can be justified by an impact assessment showing that impact on sectors exposed to a significant risk of carbon leakage is limited. The Commission should be able to make no more than one such adaptation and only during the eight-year period beginning on 1 January 2013.

A new recital stipulates that adapting the auction timetable should be considered to be a short-term action, rather than a structural measure intended to address market imbalances of the EU ETS, and should not undermine the stability and predictability of the EU ETS.

Guidelines on certain state aids: in the light of potentially higher prices for certificates, the guidelines on certain State aid measures in the context of the greenhouse gas emission allowance trading scheme post-2012 and the criteria laid down in Directive 2003/87/EC (direct emission costs) should be considered for a revision taking into account the risk of carbon leakage and distortion of competition between sectors.

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T7-0310/2013
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A7-0046/2013
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2013-04-16T00:00:00
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activities/5/text
  • The European Parliament rejected by 334 votes to 315, with 63 abstentions, the proposal for a Decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

    The matter is therefore referred back for re-examination by the committee responsible.

    The proposal sought to stipulate, for reasons of legal certainty, that the Commission would be empowered to adapt the timing of auctions of greenhouse gas allowances laid down in Regulation (EU) 1031/2010 in order to ensure an orderly functioning of the market.

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Old
Committee draft report
New
Results of vote in Parliament
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  • body: EP shadows: group: EPP name: KORHOLA Eija-Riitta group: ALDE name: DAVIES Chris group: Verts/ALE name: EICKHOUT Bas group: ECR name: CALLANAN Martin group: GUE/NGL name: WILS Sabine group: EFD name: CYMAŃSKI Tadeusz responsible: True committee: ENVI date: 2012-09-12T00:00:00 committee_full: Environment, Public Health and Food Safety rapporteur: group: S&D name: GROOTE Matthias
  • body: EP responsible: False committee: ITRE date: 2013-01-24T00:00:00 committee_full: Industry, Research and Energy rapporteur: group: EPP name: SARTORI Amalia
activities/6/date
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Old

The Committee on the Environment, Public Health and Food Safety adopted the report by Matthias GROOTE (S&D, DE) on the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The committee recommends that the European Parliament’s position, adopted at first reading following the ordinary legislative procedures, should be to amend the Commission proposal as follows:

Auction timetables: 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 provided that such intervention can be justified by an impact assessment showing that impact on sectors exposed to a significant risk of carbon leakage is limited. The Commission should be able to make no more than one such adaptation and only during the eight-year period beginning on 1 January 2013.

A new recital stipulates that adapting the auction timetable should be considered to be a short-term action, rather than a structural measure intended to address market imbalances of the EU ETS, and should not undermine the stability and predictability of the EU ETS.

Guidelines on certain state aids: in the light of potentially higher prices for certificates, the guidelines on certain State aid measures in the context of the greenhouse gas emission allowance trading scheme post-2012 and the criteria laid down in Directive 2003/87/EC (direct emission costs) should be considered for a revision taking into account the risk of carbon leakage and distortion of competition between sectors.

New

The European Parliament adopted by 344 votes to 311, with 46 abstentions, an amendment to the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The matter was referred back to the committee responsible. The vote was therefore postponed.

The proposal sought to stipulate that the Commission would be adapt, if necessary, the timing of auctions of greenhouse gas allowances in order to ensure an orderly functioning of the market.

The amendment adopted by Parliament states that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure an orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances.

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  • body: EP responsible: False committee: ITRE date: 2013-01-24T00:00:00 committee_full: Industry, Research and Energy rapporteur: group: EPP name: SARTORI Amalia
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  • url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2013-0543 type: Decision by Parliament, 1st reading/single reading title: T7-0543/2013
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The European Parliament rejected by 334 votes to 315, with 63 abstentions, the proposal for a Decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

The matter is therefore referred back for re-examination by the committee responsible.

The proposal sought to stipulate, for reasons of legal certainty, that the Commission would be empowered to adapt the timing of auctions of greenhouse gas allowances laid down in Regulation (EU) 1031/2010 in order to ensure an orderly functioning of the market.

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  • url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32013D1359 title: Decision 2013/1359
  • url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2013:343:TOC title: OJ L 343 19.12.2013, p. 0001
activities/12/text
  • PURPOSE: to clarify the provisions of Directive 2003/87/EC on the timing of auctions of greenhouse gas allowances.

    LEGISLATIVE ACT: Decision No 1359/2013/EU of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

    CONTENT: Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowance trading within the Community does not specify how volumes of greenhouse gas emission allowances to be auctioned are to be distributed over the trading period.

    For the purposes of legal certainty and market predictability, this Decision intends to clarify that, in order to ensure the orderly functioning of the market, the Commission is able in exceptional circumstances to adapt the auction timetable.

    This Decision amends Directive 2003/87/EC of the European Parliament and the Council so that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure the orderly functioning of the market.

    The Commission should make no more than one such adaptation for a maximum number of 900 million allowances.

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2013-12-10T00:00:00
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  • The European Parliament adopted by 385 votes to 284, with 24 abstentions, a legislative resolution on the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

    The matter was referred back to the committee responsible at its 3 July 2013 plenary session.

    Parliament adopted its position at first reading following the ordinary legislative procedure. The amendment to the Commission proposal adopted in plenary is the result of a compromise negotiated between the European Parliament and the Council.

    The amendment stipulated that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure the orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances.

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  • The European Parliament adopted by 344 votes to 311, with 46 abstentions, an amendment to the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

    The matter was referred back to the committee responsible. The vote was therefore postponed.

    The proposal sought to stipulate that the Commission would be adapt, if necessary, the timing of auctions of greenhouse gas allowances in order to ensure an orderly functioning of the market.

    The amendment adopted by Parliament states that where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period beginning on 1 January 2013 so as to ensure an orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances.

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3.70.18 International and regional environment protection measures and agreements
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  • The European Parliament rejected by 334 votes to 315, with 63 abstentions, the proposal for a Decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

    The matter is therefore referred back for re-examination by the committee responsible.

    The proposal sought to stipulate, for reasons of legal certainty, that the Commission would be empowered to adapt the timing of auctions of greenhouse gas allowances laid down in Regulation (EU) 1031/2010 in order to ensure an orderly functioning of the market.

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  • The Committee on the Environment, Public Health and Food Safety adopted the report by Matthias GROOTE (S&D, DE) on the proposal for a decision of the European Parliament and of the Council amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

    The committee recommends that the European Parliament’s position, adopted at first reading following the ordinary legislative procedures, should be to amend the Commission proposal as follows:

    Auction timetables: 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 provided that such intervention can be justified by an impact assessment showing that impact on sectors exposed to a significant risk of carbon leakage is limited. The Commission should be able to make no more than one such adaptation and only during the eight-year period beginning on 1 January 2013.

    A new recital stipulates that adapting the auction timetable should be considered to be a short-term action, rather than a structural measure intended to address market imbalances of the EU ETS, and should not undermine the stability and predictability of the EU ETS.

    Guidelines on certain state aids: in the light of potentially higher prices for certificates, the guidelines on certain State aid measures in the context of the greenhouse gas emission allowance trading scheme post-2012 and the criteria laid down in Directive 2003/87/EC (direct emission costs) should be considered for a revision taking into account the risk of carbon leakage and distortion of competition between sectors.

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http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A7-2013-46&language=EN
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activities/0/docs/0/text/0
Old

PURPOSE: to amend Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

PROPOSED ACT: Decision of the European Parliament and of the Council.

BACKGROUND: Directive 2003/87/EC establishing a 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.

One of the features of the change from the phase 2 (period from 2008 to 2012) into phase 3 (period from 2013 to 2020) and the implementation provisions adopted so far is that the supply of allowances and international credits is expected to temporarily increase significantly in the short term. This exacerbates the already significant, unforeseen impact of the macro-economic developments, due to which emissions have decreased considerably and are not expected to increase significantly in 2012 and 2013. This combination of increased net supply and reduced demand increasingly affects the orderly functioning of the European carbon market in the transition to phase 3.

In the light of such exceptional circumstances, the Commission is currently reviewing the need for a further change of the auctioning timetable and will invite experts in the Climate Change Committee to consider a draft for a future amendment to Commission Regulation (EU) No 1031/2010 and indicate their view on the appropriate action to be taken before the end of this year. The Commission also invites any other interested stakeholders to express their views on this draft and will actively engage with them in this regard.

Meanwhile, the legislative process to clarify the scope of the Commission's powers by means of the present proposal should proceed swiftly and independently of the result of consultations with the Climate Change Committee.

Finally, the Commission reaffirms its commitment, as stated in the context of the agreement on the Energy Efficiency Directive, to urgently examine and present options for action with a view to adopting further appropriate structural measures to strengthen the ETS during phase 3, and make it more effective.

IMPACT ASSESSMENT: no impact assessment was undertaken.

LEGAL BASIS: Article 192(1) of the Treaty on the Functioning of the European Union (TFEU).

CONTENT: for the purposes of legal certainty, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able to adapt the auction timetable laid down in Commission Regulation (EU) No 1031/2010. The proposed amendment would expressly provide such clarification in the relevant provision of the EU ETS Directive.

BUDGETARY IMPACT: this measure does not have any impact on the Union’s budget.

New

PURPOSE: to amend Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

PROPOSED ACT: Decision of the European Parliament and of the Council.

BACKGROUND: Directive 2003/87/EC establishing a 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.

One of the features of the change from the phase 2 (period from 2008 to 2012) into phase 3 (period from 2013 to 2020) and the implementation provisions adopted so far is that the supply of allowances and international credits is expected to temporarily increase significantly in the short term. This exacerbates the already significant, unforeseen impact of the macro-economic developments, due to which emissions have decreased considerably and are not expected to increase significantly in 2012 and 2013. This combination of increased net supply and reduced demand increasingly affects the orderly functioning of the European carbon market in the transition to phase 3.

In the light of such exceptional circumstances, the Commission is currently reviewing the need for a further change of the auctioning timetable and will invite experts in the Climate Change Committee to consider a draft for a future amendment to Commission Regulation (EU) No 1031/2010 and indicate their view on the appropriate action to be taken before the end of this year. The Commission also invites any other interested stakeholders to express their views on this draft and will actively engage with them in this regard.

Meanwhile, the legislative process to clarify the scope of the Commission's powers by means of the present proposal should proceed swiftly and independently of the result of consultations with the Climate Change Committee.

Finally, the Commission reaffirms its commitment, as stated in the context of the agreement on the Energy Efficiency Directive, to urgently examine and present options for action with a view to adopting further appropriate structural measures to strengthen the ETS during phase 3, and make it more effective.

IMPACT ASSESSMENT: no impact assessment was undertaken.

LEGAL BASIS: Article 192(1) of the Treaty on the Functioning of the European Union (TFEU).

CONTENT: for the purposes of legal certainty, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able to adapt the auction timetable laid down in Commission Regulation (EU) No 1031/2010. The proposed amendment would expressly provide such clarification in the relevant provision of the EU ETS Directive.

BUDGETARY IMPACT: this measure does not have any impact on the Union’s budget.

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  • PURPOSE: to amend Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

    PROPOSED ACT: Decision of the European Parliament and of the Council.

    BACKGROUND: Directive 2003/87/EC establishing a 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.

    One of the features of the change from the phase 2 (period from 2008 to 2012) into phase 3 (period from 2013 to 2020) and the implementation provisions adopted so far is that the supply of allowances and international credits is expected to temporarily increase significantly in the short term. This exacerbates the already significant, unforeseen impact of the macro-economic developments, due to which emissions have decreased considerably and are not expected to increase significantly in 2012 and 2013. This combination of increased net supply and reduced demand increasingly affects the orderly functioning of the European carbon market in the transition to phase 3.

    In the light of such exceptional circumstances, the Commission is currently reviewing the need for a further change of the auctioning timetable and will invite experts in the Climate Change Committee to consider a draft for a future amendment to Commission Regulation (EU) No 1031/2010 and indicate their view on the appropriate action to be taken before the end of this year. The Commission also invites any other interested stakeholders to express their views on this draft and will actively engage with them in this regard.

    Meanwhile, the legislative process to clarify the scope of the Commission's powers by means of the present proposal should proceed swiftly and independently of the result of consultations with the Climate Change Committee.

    Finally, the Commission reaffirms its commitment, as stated in the context of the agreement on the Energy Efficiency Directive, to urgently examine and present options for action with a view to adopting further appropriate structural measures to strengthen the ETS during phase 3, and make it more effective.

    IMPACT ASSESSMENT: no impact assessment was undertaken.

    LEGAL BASIS: Article 192(1) of the Treaty on the Functioning of the European Union (TFEU).

    CONTENT: for the purposes of legal certainty, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able to adapt the auction timetable laid down in Commission Regulation (EU) No 1031/2010. The proposed amendment would expressly provide such clarification in the relevant provision of the EU ETS Directive.

    BUDGETARY IMPACT: this measure does not have any impact on the Union’s budget.

activities
  • body: EP date: 2012-07-25T00:00:00 type: EP officialisation
  • date: 2012-07-25T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2012&nu_doc=416 celexid: CELEX:52012PC0416:EN type: Legislative proposal published title: COM(2012)0416 body: EC commission: DG: url: http://ec.europa.eu/dgs/clima/mission/index_en.htm title: Climate Action Commissioner: HEDEGAARD Connie type: Legislative proposal
committees
  • body: EP responsible: True committee_full: Environment, Public Health and Food Safety (Associated committee) committee: ENVI
  • body: EP responsible: False committee_full: Industry, Research and Energy (Associated committee) committee: ITRE
links
National parliaments
European Commission
other
  • body: EC dg: url: http://ec.europa.eu/dgs/clima/mission/index_en.htm title: Climate Action commissioner: HEDEGAARD Connie
procedure
reference
2012/0202(COD)
subtype
Legislation
legal_basis
Treaty on the Functioning of the EU TFEU 192-p1
stage_reached
Preparatory phase in Parliament
summary
Amending Directive 2003/87/EC
instrument
Decision
title
Greenhouse gas emission allowance trading: timing of auctions
type
COD - Ordinary legislative procedure (ex-codecision)
subject