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 for European Environmental & Planning Law – Brill
Published: Jan 1, 2004
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