Country:Finland
Year:2004
Policy status:Superseded
Date Effective:2004
Policy Type:Regulatory Instruments, Economic Instruments>Market-based instruments
Policy Target:
Agency:Ministry of Trade and Industry
URL:http://www.ktm.fi/index.phtml?menu_id=1103&lang=3&fs=10
Description:

On 21 December 2004 the Government of Finland allocated installation-specific emission allowances for the years 2005-2007. The Government s decision is based on the proposal for a national allocation plan, which was approved unaltered by the European Commission on 20 October 2004. The decision sets the total amount of emission allowances for the years 2005-2007 at 136.5 million tonnes of carbon dioxide, which includes a reservation of 2.5 million tonnes for new entrants. The allowances are to be allocated for free. Any surplus of allowances remaining in the new entrant reserve at the end of each year will be auctioned. The allocation is equivalent to a reduction of 3% compared to a business-as-usual scenario.

This record is superseded by:National Allocation Plan for Emissions 2008-12

Last modified: Thu, 14 Mar 2013 12:31:57 CET