EU ETS definition

EU ETS means the system for greenhouse gas emissions allowance trading within the Union in respect of activities listed in Annex I to Directive 2003/87/EC other than aviation activities;
EU ETS means both (a) Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC and (b) Directive 2008/101/EC of the European Parliament and of the Council of 19 November 2008 amending Directive 2003/87/EC so as to include aviation activities in the scheme for greenhouse gas emission allowance trading within the Community, together with any related, connected or successive law, statute, decree, constitution, regulation, authorization, judgment, injunction or other directive of any Government Entity of the European Union.
EU ETS means the EU Emissions Trading Scheme established by the EU ETS Directive;

Examples of EU ETS in a sentence

  • EU-Legislation: http://eur-lex.europa.eu/en/index.htmEU ETS general: http://ec.europa.eu/clima/policies/ets/index_en.htmMonitoring and Reporting in the EU ETS: http://ec.europa.eu/clima/policies/ets/monitoring/index_en.htm Environmental Protection Agency Website: http://www.epa.ie Environmental Protection Agency Contact: GHGpermit@epa.ie 2.

  • Directive 2003/87/EC as amended by Directive 2009/29/EC (hereinafter "the (revised) EU ETS Directive") requires operators of installations which are included in the European Greenhouse Gas Emission Trading Scheme (the EU ETS) to hold a valid GHG emission permit issued by the relevant Competent Authority and to monitor and report their emissions and have the reports verified by an independent and accredited verifier.

  • Excluded Activities Certain activities that result in greenhouse gas emissions may be excluded under the EU ETS Directive for example truly mobile sources such as vehicle emissions.

  • Blending operations that include a financial instrument that is fully financed by other Union programmes or by the EU ETS Innovation Fund without the use of the EU guarantee under this Regulation shall be consistent with the policy objectives and comply with the eligibility criteria set out in the rules of the Union programme under which the support is provided.

  • The combined and transitional application of EU ETS allowances allocated free of charge and of the CBAM should in no case result in more favourable treatment for Union goods compared to goods imported into the customs territory of the Union.


More Definitions of EU ETS

EU ETS means the EU Emissions Trading System (previously known as the EU Emissions Trading Scheme) as established pursuant to Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003, and any replacement or successor scheme or arrangement having similar effect.
EU ETS means the system for greenhouse gas emissions allowance trading within the
EU ETS means the system for greenhouse gas emission allowance trading established by the Directive;
EU ETS means the EU emissions trading system, established by the ETS Directive.
EU ETS. Lessee is in continuous compliance with with any and all obligations to the extent such are applicable to its operations in respect of both (i) EU Directive EC/2008/101 regarding the European Union Emissions Trading Scheme and its application to aviation and all amendments and related implementing legislation (EU-ETS Legislation); and (ii) ICAO Assembly Resolution A.39-3 introducing the Carbon Offsetting and Reduction Scheme for International Aviation, Annex 16Environmental Protection Volume IV, the Environmental Technical Manual - Volume IV, and all related implementation elements, amendments, and implementing measures (CORSIA Instruments). Lessee shall ensure that Lessee and any sublessee, as applicable (and not Lessor or Owner) is notified to the relevant authorities as being the operator of the Aircraft whenever applicable in connection with the EU-ETS Legislation and/or the CORSIA Instruments.
EU ETS means EU Emissions Trading Scheme. “FCPA” means the U.S. Foreign Corrupt Practices Act.