This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El Gobierno aprueba el Plan Nacional de Asignación de derechos de emisión
The Government approved the National Plan for the allocation of emission rights
17/09/2004
on September 17, 2004
The Government has established itself as objective that emissions in Spain, in the period 2005-2007 stabilized in the middle of those issued in the past three years for which there are official inventories, with a further increase of 3.5 per cent of the emissions of CO2 in sectors affected by the directive for new entrants.
The additional effort required will have to be made between 2008-2012. At the end of this period, emissions shall not exceed 24 percent more than the emissions from the year 1990. This percentage will be achieved adding the purpose of limitation of Kyoto (15 percent) than the estimate of absorption of sinks (a maximum of 2 per cent) and the credits that may be obtained on the international market (7 percent).
To this end, the National Plan of allocation of emissions for the period 2005-2007 maintains a distribution of effort reduction among sectors of the directive and those not included (transport, residential, etc.) on the basis of its share of global emissions in the country, and that it distributes in a 40 per cent and 60 per cent respectively. This means, for global emissions in the country, a target of 400,70 million tons of CO2 equivalent annual average for 2005-2007, which represents a reduction of 0.2 percent over 2002 emissions (401,34 million tonnes).
For the sectors included in annex I to the directive, the Plan 2005-2007 decides allocation, in average of 160,28 million tons of emissions, including a reserve of 5.42 million for new entrants (installations that will come into operation for the period)(, but which still do not have all the required permissions). This is a reduction for the 161,25 million indicated in the draft submitted for public consultation, due to the aforementioned exclusion of small installations from the ceramic sector. The new entrants reserve has increased from 3.2 per cent to 3.5 per cent of emissions in the period of reference (2000-2002), and deficiencies identified in the inventory have been corrected, in collaboration with the sectors concerned.
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