Press Release: Emissions trading: Commission approves Slovenia’s national allocation plan for 2008-2012

The European Commission has approved Slovenia's national plan for allocating carbon dioxide (CO2) emission allowances for the 2008-2012 trading period of the EU Emissions Trading Scheme (EU ETS). The Commission accepted the total number of emission allowances proposed by Slovenia – equivalent to 8.3 million tonnes of CO2 – since it is consistent with Slovenia's commitment under the Kyoto Protocol, its expected emissions and its potential to reduce emissions. It is also lower than the verified emissions of Slovenia in 2005. The approval is conditional on Slovenia making changes to two aspects of its plan. The ETS ensures that greenhouse gas emissions from energy and industry sectors are cut at least cost to the economy, thus helping the EU and its Member States to meet their emission commitments under the Kyoto Protocol.