|Policy status:||In Force|
|Policy Type:||Economic Instruments>Market-based instruments, Regulatory Instruments|
|Agency:||Federal Ministry for the Environment, Nature Conservation and Nuclear Safety|
|Legal References:||National Allocation Plan for the Federal Republic of Germany 2005-2007|
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