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Romania in the ETS

Romania in the ETS

Sandbag’s briefing on Romania in the Emissions Trading Scheme, in the context of the Market Stability Reserve negotiations.

  • The total surplus that has accumulated, and will continue accumulating, to the Romanian manufacturing sector is so large that Romanian industrial installations will overall not need to buy allowances before 2050.
  • Article 10c of the ETS Directive: Romanian ranks second Union-wide from the point of view of how long electricity generators will be protected thanks to additional free allocation of allowances.
  • By opposing a strong MSR, the Romanian government could miss out on an estimated €1.2 billion in increased auction revenues, caused by a stronger carbon price.

Versiunea în limba română a acestui raport se poate găsi aici

Skills

Posted on

February 10, 2015