The main characteristics of the new trading scheme are:
1) allowances are allocated ex-post depending on the production of the installation in the previous year and the yearly emission ceilings index,
2) the banking between years is allowed,
3) because of ex-post allocation the borrowing is not provided for,
4) allowances are to be surrendered by 15 May each year (number of allowances surrendered should equal to the total emissions of the operator during the preceding calendar year).
The draft of the law does not constitute the implementation of Community law. It only creates a flexible mechanism for large combustion plants enabling them to achieve emission ceilings provided for in the Treaty concerning the accession of the Republic of Poland to the European Union – regardless of abiding by obligatory emission standards set by other provisions of law.