Government assigns 1.7 million CO2 emission rights

rabia356

The Council of Ministers has approved the allocation of 1.7 million greenhouse gas emission rights to the seventh set of facilities that have requested allocation as new entrants to the system and which affects projects for the period . These applicant facilitiesexisting ones that are expanding their capacity and another 13 new ones, are within the scope of application of March 9, which regulates the greenhouse gas emission rights trading regime. . The allocation proposal was submitted to public information and consultation in the Climate Change Policy Coordination Commission. by Taboolayou may like Brussels disavows Josep Borrell and deals a setback to the Government.  

Support for UNRWA The European emissions trading system is the main tool of the European Union to promote the reduction of greenhouse gas emissions in the industry and electricity generation sector. The proposed allocations total million rights million had already been previously gra Malta Email List nted to existing facilities and million are taken from the reserve of new entrants for new facilities and for expansions of the existing ones. European regulations establish that a part of the emission rights that are injected into the market must be assigned free of charge to regulated entities, so that their costs for participating in this regime are not excessive and entail a relocation of the European industry to countries.  



That do not impose comparable environmental obligations. The rules for allocating greenhouse gas emission allowances from the new entrants reserve are common throughout the EU. This reserve, common to the entire EU, amounts to around  million rights for the period. The Council of Ministers has already adopted the individual emission allocation to six groups of facilities that had requested allocation as new entrants for the period (agreements . In total, just over  million emission rights had been assigned to 88 new entrants in this way. Previous article Escudero estimates more than Madrid residents affected by Covid-19 Next article Ábalos thanks the transporters for their "extraordinary effort" Share.