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LV 035Answer
Yes.
Based on the tonne-kilometre data from 2010, a "new" or reduced allocation volume has been calculated for the years 2013 to 2020, taking into account the reduced geographical scope according to Regulations (EU) Number 421/2014 and (EU) Number 2017/2392 and the original benchmark.
However, due to the linking of the European Union emission trading system (EU ETS 1) with the Swiss emission trading system from 01/01/2020 and the withdrawal of United Kingdom (UK) of Great Britain and Nothern Ireland from the EU on 31/12/2020 with the entry into force of a subsequent trade agreement on 01/01/2021, the reduced scope of application has changed in each case (see answer LV005) and adjusted allocation volumes had to be calculated.
From 01/01/2021, the linear reduction factor pursuant to Article 9 of the Emissions Trading Directive shall additionally be applied to the reduced quantity of the year 2020 on a yearly basis. The reduction factor is a constant absolute value corresponding to 2.2 percent of an operator's individual annual allocation volume in 2020.
Allowances that are not allocated due to this recalculation will be deleted and not auctioned or set aside.
09/12/2021