These Regulations came fully into operation on 1 January 2013 and apply to Ireland only.

Legislative Background

These Regulations implement Directive 2009/29/EC, which amended Directive 2003/87/EC so as to improve and extend the greenhouse gas emission allowance trading scheme of the Community. Directive 2009/29/EC aims to improve and extend the Emissions Trading Scheme (ETS) and to provide for a more efficient, more harmonised and fairer system.

These changes involve:

• substantial amendments to the original emissions trading Directive 2003/87/EC establishing a system for greenhouse gas emission allowance trading...

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