On Thursday 17 July, the European Commission announced the adoption of an amendment to Implementing Decision (EU) 2020/2126 (https://aeur.eu/f/hyu), which sets the annual quantity of emissions allocated to each Member State under the Effort Sharing Regulation (ESR) (https://aeur.eu/f/hyv), following a revision by some Member States of their intention to use “flexibility under the EU Emissions Trading System (‘ETS’)”, in accordance with the same regulation.
This reflects the...