Decision No 1359/2013/EU of the European Parliament and of the Council of 17 December 2013 amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances Text with EEA relevance

• CELEX: Decision No 1359/2013/EU
• Articles: 2

Article 1

In the first subparagraph of Article 10(4) of Directive 2003/87/EC the following sentences are added:

‘Where an assessment shows for the individual industrial sectors that no significant impact on sectors or subsectors exposed to a significant risk of carbon leakage is to be expected, the Commission may, in exceptional circumstances, adapt the timetable for the period referred to in Article 13(1) beginning on 1 January 2013 so as to ensure the orderly functioning of the market. The Commission shall make no more than one such adaptation for a maximum number of 900 million allowances.’.

Article 2

This Decision is addressed to the Member States.