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Climate Action
News article9 July 2010Directorate-General for Climate Action

Commission takes first step toward determining cap on emission allowances for 2013

The European Commission adopted on 9 July 2010 a decision which determines for the first time a ceiling or 'cap' on the number of emission allowances that will be available under the EU Emissions Trading System (EU ETS) in 2013, the first year of the

The European Commission adopted on 9 July 2010 a decision which determines for the first time a ceiling or 'cap' on the number of emission allowances that will be available under the EU Emissions Trading System (EU ETS) in 2013, the first year of the 2013-2020 trading period. This has been done in line with the provisions of the revised Emissions Trading Directive, which applies to the 2013-2020 trading period.

The cap for the year 2013 has been determined at 1.927 billion (the precise figure is 1,926,876,368). It has been calculated on the basis of a formula which applies a 1.74% annual reduction in allowances below the average yearly total allocated through Member States' national allocation plans in the 2008-2012 trading period.

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Publication date
9 July 2010
Author
Directorate-General for Climate Action