Carbon leakage list: additions possible, no removals
- Category: Implementation
EU ETS carbon leakage list applies for the years 2013-2014. It is interesting that while additions are possible before 2014 (and are in fact occuring in yearly intervals), sectors included cannot be removed from the list before that date.
Such carbon leakage list unidirectional design is in the climate policies turmoil among the last safeguards that give certainty to the European industry.
Capacity market's MiFID/EMIR treatment
- Category: Capacity Markets
Limited powers for intervention on the carbon market granted to the European Commission on 3 July 2013
- Category: Legal Alert
The European Parliament's files documenting backloading vote in the plenary on the 3 July 2013 show the European legislative body decided to rein in the executive's ambitions to influence carbon market in the administrative way.
UK capacity market in the light of EC State aid requirements
- Category: Capacity Markets
The intended UK capacity market, the major milestones thereof have been recently revealed, appears to reflect the key points of the European Commission' recent consultation on State aid criteria to be applied to capacity mechanisms.
California Allowance Price Containment Reserve not so interesting for traders
- Category: Emissions trading
Market forces have verified legal assumptions for the creation of the California Allowance Price Containment Reserve (APCR). Subsequent sales from this vehicle do not attract any participants. Does this mean that the Reserve works as initially predicted or something has failed?
Will the second carbon leakage list be used to intervene in the market?
- Category: Emissions trading
There are doubts regarding the necessity to verify carbon leakage list merely two years after its adoption. It seems that this period is too short to assess whether there are serious threats to the competitiveness of branches covered by the actual list. Moreover, the current level of carbon prices makes all assessments strictly hypothetical and vulnerable to change. Nevertheless, given legal obligation imposed, the verification is inevitable. The significant report likely to influence future decisions on the issue is now available.
Page 30 of 69