Amendment to Greenhouse Gas Emissions Trading Regulations

The Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2006 (SI 2006 No. 737) were laid before Parliament on 16th March and enter into force on 6th April. These Regulations amend the Greenhouse Gas Emissions Trading Scheme Regulations 2005 (”the 2005 Regulations”) in order to further implement the EC Emissions Trading Directive (Directive 96/61/EC). Amongst other things, these Regulations:

• Provide a mechanism for installations which began operating before 2004 but which have not received an allocation of allowances, to apply for an allocation. The key provision is regulation 22A, which is inserted by regulation 13 of these Regulations.
• Add to the types of charges which may be included in a charging scheme made by the Secretary of State relating to offshore installations (regulation 19(1) of the 2005 Regulations).
• Provide a power for the regulator to delay the allocation of allowances each year to an operator who has been allocated allowances from either the new entrant reserve or the late installation reserve, where certain conditions in the approved national allocation plan are fulfilled.
• Make a number of new provisions relating to the surrender and revocation of greenhouse gas emissions permits and payment of subsistence fees; and
• Permit the use of information held or collected for the purposes of these Regulations to be used for the purpose of preparing and publishing energy and emissions statistics.

The full text of the Regulations is available from the OPSI website at:
http://www.opsi.gov.uk/si/si2006/20060737.htm

(Source: www.opsi.gov.uk, accessed 03/04/06)

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