Carbon updates from the European Union

Marston Law

218 N. Lee Street - Suite 300 - Alexandria, VA 22314

Phone: 703-548-0154

Send an email to Philip Marston

News from the European Union

The European Union’s CCS Directive has been issued, as of April 23, 2009.  Under the directive, the member states have two years to transpose it into binding national law.  The Directive sets out the conditions under which geological sequestration will qualify as an emissions reduction that will be able to be monetized through the EU Emissions Trading System.

· Directive 2009/31/EC of the European Parliament and of the council of 23 April 2009

· http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+TA+20081217+SIT+DOC+WORD+V0//EN&language=EN

· For more information see: http://www.euractiv.com/en/climate-change/mixed-reactions-parliament-approves-eu-climate-deal/article-178163

· January 23, 2008—Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the geological storage of carbon dioxide

· Accompanying Analysis and Summary

· Questions and Answers on the proposal

                            Also available here in French

 

A very useful publicly-available news and analysis site of these aspects of EU developments is located at:

· News on EurActiv.com

Click Globe for CCS Resources