Legal provisions of COM(2012)416 - Amendment of Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances - Main contents
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This page contains a limited version of this dossier in the EU Monitor.
dossier | COM(2012)416 - Amendment of Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances. |
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document | COM(2012)416 |
date | December 17, 2013 |
Article 1
‘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 referred to in Article 13(1) 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.’.