Country:Germany
Year:2004
Policy status:In Force
Date Effective:2004
Policy Type:Economic Instruments>Market-based instruments, Regulatory Instruments
Policy Target:
Agency:Federal Ministry for the Environment, Nature Conservation and Nuclear Safety
URL:http://www.bmub.bund.de/fileadmin/bmu-import/files/english/pdf/application/pdf/nap_kabi_en.pdf
Legal References:National Allocation Plan for the Federal Republic of Germany 2005-2007
Description:

The German government has published its national allocation plan (NAP) for carbon dioxide emissions under the EU-Emissions Trading Scheme. The NAP is to allocate 499Mt CO2 to installations covered by the scheme over the 2005-07 period. The allowances are to be allocated for free. The allocation is equivalent to a reduction of 5.2MtCO2 annually compared to the reference period 2000-2002. The number of installations covered by the emissions trading scheme is around 1.850. New entrants will have access to 9 MtCO2 of allowances. Allowances from plant closure will go to the New Entrant Reserve. However, this clause is not applied if the operator of the decommissioned installation commissions a new installation in Germany within a maximum of 3 months after decommissioning the old installation.

Last modified: Wed, 08 Oct 2014 16:00:30 CEST