EU-Emissions Trading: The Latvian Allocation Plan

EU-Emissions Trading: The Latvian Allocation Plan 41 EU-Emissions Trading: The Latvian Allocation Plan René Pfromm and Karlis Svikis* I. Introduction As a Member State of the European Union, Latvia has undertaken the obligation to create a system for greenhouse gas emission allowance trading. This article aims to present a comprehensive picture of the emission allowance trading legislation in Latvia as derived from the transposition of the Commu- nity Directive 2003/87/EC. In addition, the article analyses the National Allocation Plan for the period 2005 - 2007 as submitted to the European Commis- sion. Chapter II of this article describes the legal framework applicable to emissions trading. Chap- ter III deals with the main issues linked to the is- suance of greenhouse gas emission permits. Chap- ter IV analyses the allocation of emission allow- ances under the National Allocation Plan, and final- ly, Chapter V offers several conclusive remarks on the subject. II. Legal framework Pollution prevention and control in Latvia are pri- marily governed by the Law on Pollution This Law unites the provisions derived from Directive 96/6i/LC concerning integrated pollution preven- tion and control2 with those resulting from Di- * René Pfromm and Karlis Svikis are both research associates in the legal department at http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal for European Environmental & Planning Law Brill

EU-Emissions Trading: The Latvian Allocation Plan

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Publisher
Brill
Copyright
© 2004 Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1613-7272
eISSN
1876-0104
D.O.I.
10.1163/187601004X00201
Publisher site
See Article on Publisher Site

Abstract

41 EU-Emissions Trading: The Latvian Allocation Plan René Pfromm and Karlis Svikis* I. Introduction As a Member State of the European Union, Latvia has undertaken the obligation to create a system for greenhouse gas emission allowance trading. This article aims to present a comprehensive picture of the emission allowance trading legislation in Latvia as derived from the transposition of the Commu- nity Directive 2003/87/EC. In addition, the article analyses the National Allocation Plan for the period 2005 - 2007 as submitted to the European Commis- sion. Chapter II of this article describes the legal framework applicable to emissions trading. Chap- ter III deals with the main issues linked to the is- suance of greenhouse gas emission permits. Chap- ter IV analyses the allocation of emission allow- ances under the National Allocation Plan, and final- ly, Chapter V offers several conclusive remarks on the subject. II. Legal framework Pollution prevention and control in Latvia are pri- marily governed by the Law on Pollution This Law unites the provisions derived from Directive 96/6i/LC concerning integrated pollution preven- tion and control2 with those resulting from Di- * René Pfromm and Karlis Svikis are both research associates in the legal department at

Journal

Journal for European Environmental & Planning LawBrill

Published: Jan 1, 2004

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