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Emissions Trading Directive (ETD)

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Emissions Trading DirectiveDecember 2008 saw the culmination of intense negotiations with the political agreement on the new ETDi (Emission Trading Directive) between the European Council and the European Parliament being achieved. The outcome resulted in the best achievable compromise following all the efforts of CEMBUREAU on an issue which filled the Association’s calendar in 2008. 

The climate-energy legislative package containing measures to fight climate change and promote renewable energy was adopted by Council on 6 April 2009. The package includes the Directive to revise rules for the EU Emission Trading System (ETSi) for its third trading period from 2013 to 2020, which was published in the Official Journal on 5 June 2009. It also includes an “effort-sharing” decision setting national binding greenhouse gas reduction targets for non-ETS sectors in each Member State, to be met by 2020 from a 2005 baseline; a Directive promoting carbon capture and storage (CCS); a Directive to ensure renewable energy makes up at least 20% of the EU’s total energy consumption by 2020; a Regulation setting binding greenhouse gas emission limits for new passenger cars, to be phased in from 2012 to 2015 and a Directive revising existing fuel quality rules and introducing a binding target for greenhouse gas emission cuts from road fuels by 2020.

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