Movement on the subject of national emissions trading (BEHG): Federal Cabinetadopts ordinances/ DEHSt information event on implementation of BEHG

04.12.2020

On 02.12.2020, the Federal Cabinet approved the long-awaited Fuel Emissions Trading Ordinance BEHV (Register and Sale) and the Emissions Reporting Ordinance EBeV 2022.

The EBeV 2022 (previously referred to in the draft bill as the Emissions Reporting Ordinance 2022 – BeV 2022) deals with emissions reporting in fuel emissions trading and initially applies exclusively to the periods 2021 and 2022.

The SESTO in turn regulates the sale of emission allowances in national emissions trading and the national emissions trading registry.

A first unofficial reading version has been made available and publishedby DEHSt on its website during today’s (04.12.2020) information event on the enforcement of the SESTA.

The slides of the event will be made available on the DEHSt website afterwards.

The Carbon Leakage Regulation is also still pending and is still in the process of being drafted.

We will report more on this shortly.

We carry out the following activities:

• Advice on the economic and procedural effects of the Fuel Emissions Trading Act (BEHG) on your company
• Advice for possible switch to EU-ETS
• Preparation and submission of the monitoring plan in accordance with §6 BEHG and continuous monitoring up to approval
• Verifiable determination of fuel emissions and preparation of the emissions report pursuant to § 7 para. 1, 2 SESTA
• Preparation and support of the verification of the emission report according to § 7 para. 3 SESTA
• Transmission of the verified emissions report to the competent authority (DEHSt) by 31.07 of the following year in accordance with §7 Para. 1 SESTA
• Verification of the avoidance of double charging in accordance with §7 Para. 5 SESTA
• Support in the establishment of accounts and account representatives in the national emissions trading registry pursuant to section 12 para. 2 SESTA for the administration of emission allowances pursuant to section 9 para. 1
• Support in the management of their register account e.g. as one of the authorized account holders
  • Verification of transfers
  • timely retransfers of emission allowances by 30.09 for the previous year pursuant to § 8 SESTA
  • Data updates of information in the register
  • Representation of historical account movements and balances on the basis of account statements
• Support in the purchase and sale of emission certificates
• Support with requests for information and assistance with on-site inspections by the competent authority pursuant to § 14 SESTA
• Identification of emission allowance price drivers and market monitoring
• Ad hoc announcements on relevant events, political developments and legislative changes
• Regular status and strategy meetings to strengthen decision-making capacity