Changes from adopted text to adopted text

Added(1) Article 1a is amended as follows:

Added(a) in paragraph 3, the second sentence is deleted;

Added(b) paragraph 4 is replaced by the following:

Added‘4. The Commission shall publish the total number of allowances in circulation covered by Chapter IVa of Directive 2003/87/EC each year, by 1 June of the subsequent year, separately from the number of allowances in circulation under Article 1(4) of this Decision. The total number of allowances in circulation under this Article in a given year shall be the cumulative number of allowances covered by that Chapter that were issued, minus the cumulative tonnes of verified emissions covered by that Chapter for the period between 1 January 2028 and 31 December of that same given year and any allowances covered by that Chapter that were cancelled in accordance with Article 12(4) of Directive 2003/87/EC. The first publication shall take place by 1 June 2028.’;

Added(c) in paragraph 5, the following subparagraph is added:

Added‘In any given year, if the total number of allowances in circulation is between 210 million and 260 million, additional allowances shall be released from the reserve. The additional amount shall be calculated by taking 100 million and subtracting twice the difference between the total number of allowances in circulation and 210 million. That additional amount shall be added to the quantity of allowances to be auctioned by Member States under Article 10(2) of Directive 2003/87/EC beginning on 1 September of that year.’;

Added(d) paragraph 7 is replaced by the following:

Added‘7. The volumes to be released from the reserve in accordance with Article 30h of Directive 2003/87/EC shall be added to the quantity of allowances covered by Chapter IVa of that Directive to be auctioned by the Member States under Article 30d of that Directive. In the event that allowances are released from the reserve in accordance with Article 30h(2) of Directive 2003/87/EC, 20 million more allowances shall be added to the amount to be released from the reserve. The volumes to be released from the reserve shall be evenly distributed over a period of three months, starting no later than two months after the date on which the conditions were met according to the publication in that regard in the Official Journal of the European Union pursuant to Article 30h(8) of Directive 2003/87/EC.’;

Added(2) in Article 3, the following paragraph is added:

Added‘As regards Article 1a of this Decision, the review referred to in the first paragraph of this Article shall consider the number of remaining allowances taking into consideration both environmental integrity and social fairness.’.

AddedArticle 2

AddedEntry into force

AddedThis Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

AddedDone at …,

AddedFor the European Parliament For the Council

AddedThe President The President