DECC proposes retrospective relaxation of EU ETS rules

The Environment Agency could be given the power to increase, reduce or even waive penalties for non-compliance, going back as far as 2008

Greenhouse gas reporting regulations covering the EU emissions trading scheme (EU ETS) could be amended back to 2008 to provide for more discretion in fines for breaches, according to new DECC proposals.1

This comes less than eight months after the Greenhouse Gas Emissions Trading Scheme Regulations 2012, covering the scheme’s third phase, came into effect on 1 January (ENDS Report 448, p35).

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