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Dóra Fazekas Carbon Market Implications for new EU - UniCredit ...

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of installations in each category changes as a result of <strong>new</strong> installations beginning operations and<br />

installations facing closure.<br />

Installation<br />

Verified CO 2<br />

emissions<br />

2005 2006 2007<br />

Zero emitters 0 kt 2 0.87% 2 0.89% 1 0.59%<br />

“De minimis”<br />

emitters<br />

Small emitters<br />

Medium emitters<br />

under 10 kt 75 32.75% 71 31.70% 43 25.29%<br />

between 10 and 50<br />

kt<br />

between 50 and<br />

500 kt<br />

98 42.79% 97 43.30% 84 49.41%<br />

42 18.34% 42 18.75% 33 19.41%<br />

Large emitters over 500 kt 12 5.24% 12 5.36% 9 5.29%<br />

Provided all necessary in<strong>for</strong>mation 229 100.00% 224 100.00% 170 100.00%<br />

Provided only incomplete in<strong>for</strong>mation 19 7.60% 24 9.60% 78 30.71%<br />

All installations 250 100.00% 250 100.00% 254 100.00%<br />

Table 18. Emitters categorized according to size<br />

Source: author’s calculation based on the EEA “CITL Viewer”<br />

The number of <strong>EU</strong> ETS installations classified as zero emitters was negligible during the pilot<br />

phase: in the first two years, only two installations did not emit any carbon-dioxide, one in the<br />

energy sector and the other in the construction sector (ceramics manufacturers). It is likely that one<br />

of these installations was to be shut down by the end of the pilot phase.<br />

In the first two years, two-thirds of the installations were considered “de minimis” emitters,<br />

producing less than 10 kilotonnnes of carbon dioxide. By the time the pilot phase was over, this<br />

figure had dropped to one-fourth of all installations. This was possible because the number of<br />

medium emitters increased from 43% during the first two years to nearly one-half of all<br />

installations later. The number of large emitters did not change significantly, nor did the total<br />

number of companies covered by the ETS during the three years of the pilot phase.<br />

The CITL data-management program of the European Environmental Agency – EEA CITL Viewer<br />

– made it possible to determine how many installations had provided sufficient in<strong>for</strong>mation about<br />

their emissions to the authorities in a particular year. Table 18 only includes installations, listed<br />

according to size, which had provided all necessary data.<br />

It is interesting to note that in the year 2007, nearly one-third of all installations (30.71%) failed to<br />

provide adequate or comprehensive in<strong>for</strong>mation about their emissions, which is significantly higher<br />

than the trend encountered during the first two years of the scheme (7.6% and 9.6%). In the author’s<br />

opinion, there were cases every year of certain installations failing to observe the April 30 deadline<br />

<strong>for</strong> submitting their in<strong>for</strong>mation. This appears to explain the significant difference quoted above; in<br />

other words, when the EEA was preparing – and then publishing – its CITL data-management<br />

118

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