|Policy Type:||Economic Instruments>Market-based instruments, Regulatory Instruments|
|Agency:||Ministry of Environment|
|Legal References:||National Allocation Plan of the Czech Republic 2005 to 2007 Compromise Draft of the Deputy Prime Minister for Economy, MZP and MPO, 29th September 2004|
|Climate Change Description:|
The Czech Government has published its national allocation plan (NAP) for CO2 emissions under the EU Emissions Trading Scheme. The NAP planned to allocate 323 MtCO2 to installations covered by the scheme over the 2005-2007 period. The allowances were to be allocated for free, although the surplus from the new entrant reserve was to be auctioned. As approved by the European Commission in April 2005, the final NAP allocated 292.8 MtCO2 to 436 industrial installations for use between 2005-2007. The next version of the NAP (approved in 2007) was prepared in accordance with the rules in Annex 3 to the Act and adjusted on the basis of the European Commission's decision of 26 March 2007 concerning the NAP for the allocation of greenhouse gas emission allowances notified by the Czech Republic to provide the allocation of 86 835 264 allowances for the emission of CO2 per year.
Last modified: Tue, 20 Sep 2016 17:14:45 CEST