|Policy Type:||Regulatory Instruments, Economic Instruments>Market-based instruments>Green certificates|
|Agency:||Environmental Protection Agency (EPA)|
|Legal References:||Environmental Protection Agency Ireland?s National Allocation Plan 2005-2007 2nd Public Consultation 30 September 2004|
|Climate Change Description:|
The Irish Government has published its national allocation plan (NAP) for carbon dioxide emissions under the EU-Emissions Trading Scheme. The NAP is to allocate a total of 66.96 million tonnes of CO2 (MtCO2) in the period 2005 to 2007, an annual allocation of 22.5 MtCO2. This allocation equals a 96-98% of forecasted emissions. The Environmental Protection Agency proposes to set aside 1.5% of the annual 22.5 MtCO2 as a free reserve for new entrants. It will initially auction 0.75% of the total allowances. The Irish government has expressed its intent of purchasing JI/CDM credits, 3.7 MtCO2 per annum through the flexible mechanisms. The Irish NAP has received the European Commissions approval.
|This record supersedes:||Ireland National Allocation Plan 2005-2007|
Last modified: Fri, 15 Mar 2013 11:42:36 CET