Factsheet: Greenhouse gas emission trading system

Greenhouse gas emission trading system

Key Information

Country/Region:

Description: 
This Decree-Law, composed of 38 Articles and five Chapters, introduces into the national legal system the European Parliament and Council Directive No. 2003/87/CE ruling on greenhouse gas trading licenses within the European Community. In particular, the Decree-Law rules on competent bodies, trading licenses systems, national licenses plan, monitoring and information communication, controlling procedures, and penalties.
Goal/Aim: 
- Limit emissions of greenhouse gases. - Regulate the trade with emission certificates in a common trade system.

Sector/Topic targeted:

Status: