Tag Archives: Phase III

The symbolic role of the back-loading vote

On 17th April the European Parliament will vote on whether to give the European Commission authority to change the schedule of Phase 3 auctions. If the vote is positive the European Commission intends to withdraw from the auction schedule in … Continue reading

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Eligibility of ERUs in Phase 3

The main rules for the use of CERs and ERUs in the EU ETS are set out in the EU ETS Directive article 11a. An earlier blog explains these rules: (http://blog.vertis.com/?p=56) On 23rd January 2013 the Climate Change Committee approved … Continue reading

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Recent events on inclusion of aviation

Recently several newsworthy events have happened in connection with the inclusion of aviation in the EU ETS. Decision of the Court of Justice of the European Union On 21st December 2011 the Court of Justice of the European Union – … Continue reading

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Delayed submission of National Implementation Measures

The European Commission sent a note to a meeting of the European Council’s Environment Council on 10th October 2011 where it summarised the compliance by member states with their obligations under the Revised ETS Directive. According to this note and … Continue reading

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Using CERs and ERUs in Phase 3

There are changes to the rules for using CERs and ERUs for compliance purpose in Phase 3 compared to the rules for Phase 2.  There are four main rules covering this, which you will find in Article 11b of the … Continue reading

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