2014/2523(RPS) | [ParlTrack]

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General Activities Documents History

2014/2523(RPS) Draft Regulation amending Commission Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020

Role	Committee	Rapporteur	Shadows
Lead	ENVI
Opinion	ITRE

Lead committee dossier: ENVI/7/14992

Subjects

Links

Activites

2014/02/06 Results of vote in Parliament
- Results of vote in Parliament
- T7-0097/2014 summary
  
  The European Parliament decided by 306 votes to 276, with 14 abstentions, not to raise objections to draft Commission Regulation (EU) No.../... amending Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020.To recall, Commission Regulation (EU) No 1031/2010 provides the volumes of allowances to be auctioned each year, after deducting the allocation given free of charge from the Union-wide quantity of allowances issued in the same year.A deviation from this time profile has also been decided in Commission Regulation (EU) No 1210/2011 to determine a volume of allowances to be auctioned early, prior to 2013, with corresponding reductions in the 2013 and 2014 auction volumes, with the foremost objective to ensure a smooth transition from the second to the third trading period, taking due account of the hedging needs for compliance in the early years of the third trading period. These annual volumes were decided based on the factors determining supply of and demand for allowances at the time of the assessment and assumption of an ongoing economic recovery.At the start of the third trading period (2013-2020), the EU Emissions Trading System (ETS) was characterised by a surplus of around 2 billion allowances. The current imbalance in the EU ETS is primarily due to the economic crisis and a large inflow of international credits at the end of phase 2 in view of restrictions on the use of certain credits introduced in phase 3.The presence of a large surplus is a problem as it is expected to lock the EU into high carbon capital and investment.As a short term measure to mitigate the effects of this problem in the context of additional temporary imbalances caused by regulatory changes linked to the transition to phase 3, the Commission proposed to back-load the auctioning of 900 million allowances in the beginning of phase 3 (2014, 2015 and 2016).
2014/01/30 Decision by committee, without report
2014/01/15 Committee referral announced in Parliament, 1st reading/single reading
2014/01/10 Non-legislative basic document published
- D031326/02

Documents

Non-legislative basic document published: D031326/02
Results of vote in Parliament: Results of vote in Parliament
Decision by Parliament, 1st reading/single reading: T7-0097/2014

History

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

2019-07-06Show (13) Changes | Timetravel

activities	date: 2014-01-10T00:00:00 docs: type: Non-legislative basic document published title: D031326/02 body: EC commission: type: Non-legislative basic document published date: 2014-01-15T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading 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 date: 2014-01-30T00:00:00 body: EP type: Decision by committee, without report date: 2014-02-06T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=24186&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2014-0097 type: Decision by Parliament, 1st reading/single reading title: T7-0097/2014 body: EP type: Results of vote in Parliament
committees/0	type Responsible Committee body EP associated True committee_full Environment, Public Health and Food Safety committee ENVI date
committees/0	body EP responsible True committee_full Environment, Public Health and Food Safety (Associated committee) committee ENVI
committees/1	type Committee Opinion body EP associated True committee_full Industry, Research and Energy committee ITRE date
committees/1	body EP responsible False committee_full Industry, Research and Energy (Associated committee) committee ITRE
docs	date: 2014-01-10T00:00:00 docs: title: D031326/02 type: Non-legislative basic document body: EC date: 2014-01-31T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=MOTION&reference=B7-2014-0090&language=EN title: B7-0090/2014 type: Motion for a resolution body: EP
events	date: 2014-01-10T00:00:00 type: Non-legislative basic document published body: EC docs: title: D031326/02 date: 2014-01-15T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP date: 2014-01-30T00:00:00 type: Decision by committee, without report body: EP date: 2014-02-06T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=24186&l=en title: Results of vote in Parliament date: 2014-02-06T00:00:00 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-2014-0097 title: T7-0097/2014 summary: The European Parliament decided by 306 votes to 276, with 14 abstentions, not to raise objections to draft Commission Regulation (EU) No.../... amending Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020. To recall, Commission Regulation (EU) No 1031/2010 provides the volumes of allowances to be auctioned each year, after deducting the allocation given free of charge from the Union-wide quantity of allowances issued in the same year. A deviation from this time profile has also been decided in Commission Regulation (EU) No 1210/2011 to determine a volume of allowances to be auctioned early, prior to 2013, with corresponding reductions in the 2013 and 2014 auction volumes, with the foremost objective to ensure a smooth transition from the second to the third trading period, taking due account of the hedging needs for compliance in the early years of the third trading period. These annual volumes were decided based on the factors determining supply of and demand for allowances at the time of the assessment and assumption of an ongoing economic recovery. At the start of the third trading period (2013-2020), the EU Emissions Trading System (ETS) was characterised by a surplus of around 2 billion allowances. The current imbalance in the EU ETS is primarily due to the economic crisis and a large inflow of international credits at the end of phase 2 in view of restrictions on the use of certain credits introduced in phase 3. The presence of a large surplus is a problem as it is expected to lock the EU into high carbon capital and investment. As a short term measure to mitigate the effects of this problem in the context of additional temporary imbalances caused by regulatory changes linked to the transition to phase 3, the Commission proposed to back-load the auctioning of 900 million allowances in the beginning of phase 3 (2014, 2015 and 2016). date: 2014-02-06T00:00:00 type: End of procedure in Parliament body: EP
links
other
procedure/dossier_of_the_committee	Old ENVI/7/14992 New ENVI/7/14992
procedure/subject	Old 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 New 3.70.02 Atmospheric pollution, motor vehicle pollution 3.70.03 Climate policy, climate change, ozone layer 3.70.18 International and regional environment protection measures and agreements
procedure/title	Old Draft Regulation amending Commission Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020 New Decision to raise no objections to draft Commission regulation amending Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020
procedure/type	Old RPS - Regulatory procedure with scrutiny New RPS - Implementing acts

2015-01-07Show (2) Changes | Timetravel

activities/3/docs/1/text/0

Old

The European Parliament adopted by 306 votes to 276, with 14 abstentions, to raise no objections to draft Commission Regulation (EU) No.../... amending Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020.

To recall, Commission Regulation (EU) No 1031/2010 provides the volumes of allowances to be auctioned each year, after deducting the allocation given free of charge from the Union-wide quantity of allowances issued in the same year.

A deviation from this time profile has also been decided in Commission Regulation 1210/2011 to determine a volume of allowances to be auctioned early, prior to 2013, with corresponding reductions in the 2013 and 2014 auction volumes, with the foremost objective to ensure a smooth transition from the second to the third trading period, taking due account of the hedging needs for compliance in the early years of the third trading period. These annual volumes were decided based on the factors determining supply of and demand for allowances at the time of the assessment and assumption of an ongoing economic recovery.

At the start of the third trading period (2013-2020), the EU Emissions Trading System (ETS) was characterised by a surplus of around 2 billion allowances. The current imbalance in the EU ETS is primarily due to the economic crisis and a large inflow of international credits at the end of phase 2 in view of restrictions on the use of certain credits introduced in phase 3.

The presence of a large surplus is a problem as it is expected to lock the EU into high carbon capital and investment.

As a short term measure to mitigate the effects of this problem in the context of additional temporary imbalances caused by regulatory changes linked to the transition to phase 3, the Commission proposed to back-load the auctioning of 900 million allowances in the beginning of phase 3 (2014, 2015 and 2016).

New

The European Parliament decided by 306 votes to 276, with 14 abstentions, not to raise objections to draft Commission Regulation (EU) No.../... amending Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020.

To recall, Commission Regulation (EU) No 1031/2010 provides the volumes of allowances to be auctioned each year, after deducting the allocation given free of charge from the Union-wide quantity of allowances issued in the same year.

A deviation from this time profile has also been decided in Commission Regulation (EU) No 1210/2011 to determine a volume of allowances to be auctioned early, prior to 2013, with corresponding reductions in the 2013 and 2014 auction volumes, with the foremost objective to ensure a smooth transition from the second to the third trading period, taking due account of the hedging needs for compliance in the early years of the third trading period. These annual volumes were decided based on the factors determining supply of and demand for allowances at the time of the assessment and assumption of an ongoing economic recovery.

At the start of the third trading period (2013-2020), the EU Emissions Trading System (ETS) was characterised by a surplus of around 2 billion allowances. The current imbalance in the EU ETS is primarily due to the economic crisis and a large inflow of international credits at the end of phase 2 in view of restrictions on the use of certain credits introduced in phase 3.

The presence of a large surplus is a problem as it is expected to lock the EU into high carbon capital and investment.

As a short term measure to mitigate the effects of this problem in the context of additional temporary imbalances caused by regulatory changes linked to the transition to phase 3, the Commission proposed to back-load the auctioning of 900 million allowances in the beginning of phase 3 (2014, 2015 and 2016).

procedure/subject/1

Old

3.70.03 Climate change, ozone

New

3.70.03 Climate change, ozone layer

2014-11-09Show (3) Changes | Timetravel

activities/2/body	Old unknown New EP
activities/3/docs/0	url http://www.europarl.europa.eu/oeil/popups/sda.do?id=24186&l=en type Results of vote in Parliament title Results of vote in Parliament
activities/3/type	Old Decision by Parliament, 1st reading/single reading New Results of vote in Parliament

2014-03-18Show (2) Changes | Timetravel

activities/2	date 2014-01-30T00:00:00 body unknown type Decision by committee, without report
procedure/stage_reached	Old Awaiting committee decision New Procedure completed

2014-02-18Show (1) Changes | Timetravel

activities/2/docs/0/text

The European Parliament adopted by 306 votes to 276, with 14 abstentions, to raise no objections to draft Commission Regulation (EU) No.../... amending Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020.

To recall, Commission Regulation (EU) No 1031/2010 provides the volumes of allowances to be auctioned each year, after deducting the allocation given free of charge from the Union-wide quantity of allowances issued in the same year.

A deviation from this time profile has also been decided in Commission Regulation 1210/2011 to determine a volume of allowances to be auctioned early, prior to 2013, with corresponding reductions in the 2013 and 2014 auction volumes, with the foremost objective to ensure a smooth transition from the second to the third trading period, taking due account of the hedging needs for compliance in the early years of the third trading period. These annual volumes were decided based on the factors determining supply of and demand for allowances at the time of the assessment and assumption of an ongoing economic recovery.

At the start of the third trading period (2013-2020), the EU Emissions Trading System (ETS) was characterised by a surplus of around 2 billion allowances. The current imbalance in the EU ETS is primarily due to the economic crisis and a large inflow of international credits at the end of phase 2 in view of restrictions on the use of certain credits introduced in phase 3.

The presence of a large surplus is a problem as it is expected to lock the EU into high carbon capital and investment.

As a short term measure to mitigate the effects of this problem in the context of additional temporary imbalances caused by regulatory changes linked to the transition to phase 3, the Commission proposed to back-load the auctioning of 900 million allowances in the beginning of phase 3 (2014, 2015 and 2016).

2014-02-11Show (5) Changes

activities	date: 2014-01-10T00:00:00 docs: type: Non-legislative basic document published title: D031326/02 type: Non-legislative basic document published body: EC commission: date: 2014-01-15T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading 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 date: 2014-02-06T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2014-0097 type: Decision by Parliament, 1st reading/single reading title: T7-0097/2014 body: EP type: Decision by Parliament, 1st reading/single reading
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
other
procedure	dossier_of_the_committee ENVI/7/14992 reference 2014/2523(RPS) title Draft Regulation amending Commission Regulation (EU) No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020 stage_reached Awaiting committee decision subtype Comitology with scrutiny type RPS - Regulatory procedure with scrutiny subject 3.70.02 Atmospheric pollution, motor vehicle pollution 3.70.03 Climate change, ozone 3.70.18 International and regional environment protection measures and agreements

Activites

Documents

History

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