21st September 2009

Emissions trading: Member States approve list of sectors deemed to be exposed to carbon leakage

EU Member States have approved a draft Decision listing 164 industrial sectors and subsectors deemed to be exposed to ‘carbon leakage’. Under the revised EU Emissions Trading System (EU ETS) which will apply from 2013, installations in such sectors will receive a higher share of greenhouse gas emission allowances free of charge than other industrial sectors. The final Decision should be adopted by the European Commission by the end of the year following scrutiny by the European Parliament and the Council. For more click here.

Members of the American Chamber of Commerce in the Czech Republic