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Eurofer press statement: Court case of European steelmakers on benchmarks under the ETS to be judged on national level

Eurofer press statement: Court case of European steelmakers on benchmarks under the ETS to be judged on national level

The General Court of the European Union has declared inadmissible EUROFER's court case for the annulment of the Commission Decision on the benchmarks under the EU emissions trading system (Commission Decision of 27 April 2011 determining transitional Union-wide rules for harmonized free allocation of emission allowances pursuant to Article 10a of Directive 2003/87/EC).

The decision does not mean that the steel benchmarks set by the Commission are correct. The ETS directive makes it very clear that the benchmarks must be set at a level which allows the allocation of sufficient emission certificates to the best performing installations (ca. 5 out of 100 installations). This is clearly not the case with the benchmarks set by the Commission. The decision of the General Court is that a complaint on the allocation of allowances (which are based on the benchmarks) has to be judged by a national court after allocation of certificates on national level. Only after a judgement by a national court may the case be referred to the European Court. This is a delay but action by the steelmakers will now take place on a national level followed by European action.

Read further here.

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Thursday, June 7, 2012