The Greenhouse Gas Emissions Trading Scheme (Amendment No. 2) Regulations 2007

Made: 4th December 2007

Laid before Parliament: 10th December 2007

Coming into force: 31st December 2007

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Title and commencement

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Amendment of the Greenhouse Gas Emissions Trading Scheme Regulations 2005

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Signed

Phil Woolas — Minister of State — Department for Environment, Food and Rural Affairs — 4th December 2007

Explanatory note

(This note is not part of the Regulations)

EXPLANATORY NOTE

These Regulations amend the Greenhouse Gas Trading Scheme Regulations 2005 (“the 2005 Regulations”) which provide a framework for a greenhouse gas emissions trading scheme and implement Directive 2003/87/EC of the European Parliament and the Council establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (the “Emissions Trading Directive”).

These Regulations make several technical amendments to the 2005 Regulations and make consequential amendments to reflect the changes in the emissions trading scheme introduced by the UK’s National Allocation Plan for participation in Phase II of the scheme.

Regulations 9, 10 and 21 of these Regulations introduce a new system and process for operators of installations that are late in applying for an allocation under the 2005 Regulations. These operators will apply for an allocation to the fund for late installations, which is part of the new entrant reserve under the National Allocation Plan for Phase II. Under the new system these operators will apply to the regulator rather than the Secretary of State and have their allocation determined in accordance with the formulae introduced by regulation 10.

A full impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.

Footnotes

[^f00001]: S.I. 2004/1984.

[^f00002]: 1972 c. 68.

[^f00003]: Paragraph 1A of Schedule 2 was inserted by section 28 of the Legislative and Regulatory Reform Act 2006 (c. 51).

[^f00004]: S.I. 2005/925 as amended by S.I. 2005/2903, S.I. 2006/737, S.I. 2007/465 and S.I. 2007/1096.

[^f00005]: Copies of the Guidance on baseline verification data are available to the public from the EU Emissions Trading Team, Department for Food, Environment and Rural Affairs, Ergon House, Horseferry Road, London SW1P 2AL or by email at eu.ets@defra.gsi.gov.uk.

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Editorial notes

[^key-29c08bf9162d627be79cf0752fedfdfe]: Regulations revoked (1.1.2013) by The Greenhouse Gas Emissions Trading Scheme Regulations 2012 (S.I. 2012/3038), regs. 1, 85(b)(iv) (with regs. 85, 87, Sch. 1)