Brussels, 7 December 2007
Emissions trading: Commission adopts amendment decision on the Slovak National Allocation Plan for 2008 to 2012
The European Commission today adopted a decision on the proposed amendments to the Slovakian national plan for allocating carbon dioxide (CO2) emission allowances for the 2008-2012 trading period of the EU Emissions Trading Scheme (EU ETS). The cleared annual allocation for Slovakia for 2008-2012 is now fixed at 32.6 million CO2 allowances. The Emissions Trading Scheme ensures that greenhouse gas emissions from the energy and industry sectors are cut at least cost to the economy, thus helping the EU and its Member States to meet their emission commitments under the Kyoto Protocol.
National Allocation Plans
National Allocation Plans (NAPs) determine the 'cap,' or limit, on the total amount of CO2 that installations covered by the EU ETS can emit in a given Member State, and specify how many CO2 emission allowances each plant will receive.
The Commission completed its assessment of NAPs for the 2008-2012 period with a final set of decisions taken in late October 2007. The cap for the new period represents a reduction of almost 140 million allowances compared to verified emissions in 2005 from installations covered by the EU ETS, i.e. a cut of 6.8%, while still taking account of additional installations included in 2006/07 and those that will be added in 2008.
Amendments of assessed NAPs: Slovakia
Slovakia, along with Germany, Ireland, Latvia, Lithuania, Luxembourg and Sweden, proposed amendments after the Commission finished assessing NAPs in November 2006 and before the deadline for submitting amendments on 31 December 2006. The amendments notified by Ireland, Latvia, Lithuania, Luxembourg and Sweden were assessed in July 2007 and the assessment of the German amendment was concluded in October 2007.
Slovakia proposed to allocate nearly an additional 4 million allowances, arguing that some new nuclear capacity would not be operational before the end of 2012. After assessing the claim, the Commission has found that a partial increase of some 1.7 million allowances is justified. This assessment was carried out in line with the assessment methodology applied to all previous decisions.
Summary information (all figures are annual, in million tonnes of CO2):
Source: European Commission
 The figures indicated in this column comprise emissions in installations that come under the coverage of the scheme in 2008 to 2012 due to an extended scope applied by the Member State and do not include new installations entering the scheme in sectors already covered in the first trading period.
 The JI/CDM limit is expressed as a percentage of the member state’s cap and indicates the maximum extent to which companies may surrender JI or CDM credits instead of EU ETS allowances to cover their emissions. These credits are generated by emission-saving projects carried out in third countries under the Kyoto Protocol’s project-based flexible mechanisms, known as Joint Implementation (JI) and the Clean Development Mechanism (CDM).
 Including installations which Belgium opted to exclude temporarily from the scheme in 2005
 Due to Bulgaria's recent accession to the EU, this figure is not independently verified.
 The German national allocation law contains a figure of 22 %, which relates to the allowances allocated free of charge, rather than the total cap.
 Italy has to include further installations. The amount of additional emissions is not known at this stage.
 Due to Romania's recent accession to the EU, this figure is not independently verified.
 Additional installations and emissions of over 6 million tonnes are already included as of 2006.
 Verified emissions for 2005 do not include installations which the UK opted to exclude temporarily from the scheme in 2005 but which will be covered in 2008 to 2012 and are estimated to amount to some 30 Mt.
 The sum of verified emissions for 2005 does not include installations which the UK opted to exclude temporarily from the scheme in 2005 but which will be covered in 2008 to 2012 and are estimated to amount to some 30 Mt. Furthermore, the emissions figures for Bulgaria and Romania are not independently verfiied.