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Estates Management record 2013/14 - EU Emissions Trading Scheme carbon allowance

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Estates Management record 2013/14

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EU Emissions Trading Scheme carbon allowance


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Typefield
Short nameETSCABAL
Description

This field contains data about the carbon allowance as part of the EU Emissions Trading Scheme. The value can be recorded to three decimal places.

Applicable toEngland Northern Ireland Scotland Wales
Coverage

All higher education providers (HEPs).

UnitTonnes of equivalent carbon dioxide (t CO2e)
Notes

Total carbon allowance in phase 3 (tonnes of CO2e) for the whole estate.

Launched in 2005, the EU Emissions Trading Scheme is now in its third phase, running from 2013 to 2020. A major revision approved in 2009 in order to strengthen the system means the phase 3 is significantly different from phases 1 and 2 and is based on rules which are far more harmonised than before. The main changes are:

  • A single, EU-wide cap on emissions applies in place of the previous system of national caps
  • Auctioning, not free allocation, is now the default method for allocating allowances. In 2013 more than 40% of allowances will be auctioned, and this share will rise progressively each year.
  • For those allowances still given away for free, harmonised allocation rules apply which are based on ambitious EU-wide benchmarks of emissions performance.
  • Some more sectors and gases are included.
  • 300 million allowances set aside in the New Entrants Reserve to fund the deployment of innovative renewable energy technologies as well as carbon capture and storage through the NER 300 programme.

Further information on the EU Emissions Trading Scheme can be found on the European Commission website.

Mandatory for
Quality rules
Quality rules relating to this field are displayed here.
Reason required

Sector use and benchmarking.

Part of
Field length12
Minimum occurrences0
Maximum occurrences1
Schema components
Element: ETSCABAL
OwnerHESA
Version1.1
Date modified2014-10-23
Change management notesThe guidance has been amended in the notes section, explaining that the EU emissions trading scheme is now in its third phase, running from 2013 to 2020.

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