Examples of ETS Directive in a sentence
Directive 2003/87/EC as amended by Directive 2009/29/EC (hereinafter "the (revised) EU ETS Directive") requires operators of installations which are included in the European Greenhouse Gas Emission Trading Scheme (the EU ETS) to hold a valid GHG emission permit issued by the relevant Competent Authority and to monitor and report their emissions and have the reports verified by an independent and accredited verifier.
Excluded Activities Certain activities that result in greenhouse gas emissions may be excluded under the EU ETS Directive for example truly mobile sources such as vehicle emissions.
Yes, the ETS Directive should require Member States to spend more revenues on climate-related purposesYes, the ETS Directive should require that Member States spend ETS revenues in a way compatible with the climate neutrality objective (‘do no harm’)No, Member States should be free to determine how they want to spend the revenues, taking into account that 50% should be used for climate-related purposes.
Equally, since emission allowances may be kept in a Union registry under the ETS Directive, they may be traded bilaterally by non-financials without intermediation by financial entities.
There is a parallel public consultation ongoing on the revision of the EU ETS Directive and stakeholders are invited to share their views under the EU ETS consultation as well.
Note that the general legal framework of the EU ETS is the same in all Member States, based on the EU ETS Directive.
This is achieved by Articles 14 and 15 in connection with Annexes IV and V of the EU ETS Directive.
Adopted or planned policy initiatives such as the 2030 Climate Target Plan, the revision of the ETS Directive, the Effort Sharing Regulation, the Energy Efficiency Directive, the Renewable Energy Directive, the Energy Taxation Directive and the planned initiative for the decarbonisation of gas are expected to significantly increase the ambition on the mid- and long-term decarbonisation and renewable energy targets, in line with the 2030 55% GHG reduction objective.
This consultation was simultaneously launched alongside consultations on the ETS Directive, the LULUCF Regulation and the Regulation on CO2 standards for cars and vans.
By extension, as the MSR is a tool for stability of the market established by the EU ETS Directive, its objective also cannot be sufficiently achieved by unilateral action by the Member States.