Developing benchmarking criteria for CO2 emissions

Published: 04/02/2009

Together with Fraunhofer ISI, Ecofys has proposed to the European Commission a set of principles that could underpin the design of benchmarks for installations that will receive free allocations in phase 3 of the EU Emission Trading Scheme (EU ETS). These benchmarks will be the main mechanism used to determine the level of free emission allowances. The principles, which were tested in four pilot sectors (iron & steel, glass, lime production and pulp & paper), were shown to provide a satisfactory, workable allocation methodology for these sectors. The study resulted in a follow-up assignment in which we are designing a blueprint for the full allocation methodology to be used in the third phase of the EU ETS.