The following Environment guidance note provides comprehensive and up to date legal information covering:
Originally produced in partnership with Navraj Singh Ghaleigh, Senior Lecturer in Climate Law, University of Edinburgh
The EU Emissions Trading System (EU ETS) is the largest ETS in the world by volume. The basic mode of operation, legal framework, allocation, scope and coverage of the EU ETS are considered in the following Practice Notes:
EU ETS Directive 2003/87/EC—snapshot
EU Emissions trading system—outline
EU ETS Phase III UK implementation—legal framework, key obligations and administration
EU ETS Phase III UK implementation—regulated activities, operators, and installations
EU ETS Phase III UK implementation—allocation of allowances and auctioning
When is a greenhouse gas permit required?
On 22 November 2017 the Council of the EU announced endorsement of the provisional deal reached between the Estonian presidency and the European Parliament on 9 November 2017 on the reform of the EU ETS for the period after 2020 (Phase IV of EU ETS). The agreed text was approved by MEPs in a plenary vote in European Parliament on 6 February 2018. The text was formally approved by the Council of the EU on 27 February 2018 which was the final step in the legislative process. Directive 2018/410 was published in the Official Journal on 14 March 2018 and enters into force on 3 April 2018.
The revision will strengthen the EU ETS through the introduction of:
**excludes LexisPSL Practice Compliance, Practice Management and Risk and Compliance. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
Take a free trial
0330 161 1234