Emissions trading

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Due to the complexity of the topics covered, it is not possible to present all details in full. Therefore, no guarantee can be given for the accuracy and completeness of the information provided. However, we place great importance on ensuring that the content is technically correct and up to date.

At the end of this page, you will find references to the relevant legal bases.

 


Update from the EU Commission (as of November 6, 2025)

Just before the World Climate Summit, the European Union's environment ministers agreed on new climate targets for 2040. As a result, the launch of the CO2 certificate trading of ETS 2 is intended to be postponed from 1st January 2027 to 1st January 2028, according to the ministers of the member states.   

However, regulated companies must still comply with reporting obligations, which already started in 2024, and the associated introduction of the necessary processes to meet the EU-ETS 2 framework requirements. The first audit of these reporting obligations by independent auditors is scheduled for 2026. With the postponement of ETS 2 in Europe, national emissions trading in Germany will be extended for another year, which in turn increases the complexity and effort involved on this side. Even though the ministers of the European Union have agreed on this approach, it still needs to be officially confirmed. It’s worth noting that this is not something that can be done by just amending the EU Climate Law, as it requires opening up the EU-ETS directive and the support from the European Parliament. 

SEFE’s Perspective on ETS 2: Commitment beyond compliance 

SEFE views the ETS 2 directive not just as a regulatory requirement, but as an opportunity to lead in energy strategy and system integration. 

  • We remain committed to fulfilling all obligations under ETS 2, which remains in force. 
  • Our approach goes beyond minimum compliance – we aim to deliver a holistic, optimised system integration across all affected markets and entities. 
  • SEFE is dedicated to excellence in service and quality, ensuring readiness and resilience for our clients. 
  • We continuously monitor regulatory developments and will keep clients informed of any changes. 

ETS 2: what’s changing and what’s not: key regulatory updates 

While the start of certificate trading under ETS 2 may be postponed, core obligations remain unchanged. 

  • The ETS 2 directive and its derived obligations are still in force. 
  • Monitoring and reporting requirements continue across all markets. 
  • SEFE is actively updating internal processes and systems to meet ETS 2 requirements. 
  • Product development for CO2 certificate commodities is ongoing. 
  • National emissions trading schemes (nETS) in Germany and Austria will be extended by one year. 
  • Legal and regulatory developments are being closely tracked. 

nETS and ETS 2: implications for SEFE Germany and customers 

The overlap between ETS 2 and national schemes increases complexity – SEFE is here to guide you through it. 

  • Dual reporting obligations (ETS 2 + nETS) will now extend through 2027. 
  • National regulations issued in September 2025 outline how nETS will continue if ETS 2 is postponed. 
  • Products and pricing models for nETS in 2026 are nearly finalised — a dedicated client communication will follow. 
  • Development of 2027 nETS products will begin once regulatory clarity improves. 

What you need to do: customer responsibilities under ETS 2 

Compliance starts with accurate reporting  here’s what’s required from your side. 

  • Complete your Declaration of Intent to Use (Verwendungsabsichtserklärung), which will be sent to you via email by SEFE.  
  • After the reporting year, we will send another form for Declaration of Use (Verwendungsbestätigung), which you will need to complete and return to us. 
  • All reported quantities will be verified by independent auditors. 
  • Failure to comply may result in regulatory consequences. 

Looking ahead 

SEFE remains fully committed to supporting clients through the evolving ETS 2 and national emissions trading frameworks. While regulatory timelines may shift, your obligations remain – and so does our dedication to helping you meet them with confidence. We will continue to provide updates, guidance, and tailored solutions to ensure your energy strategy remains compliant, resilient, and future-ready. 


The European Emissions Trading System (EU-ETS) – briefly explained

The European Emissions Trading System requires polluters to pay for their greenhouse gas emissions. Launched in 2005, it is the world's first CO2 market and remains one of the largest to date. The principle is simple: for every tonne of CO2 emitted, a certificate is required. These certificates are limited in number and can be traded – creating a price on emissions that makes clean technologies more economically attractive.

The EU-ETS reduces the EU’s total emissions while generating revenues that help finance the green transition. It covers emissions from electricity and heat generation, industrial production, and aviation together accounting for around 40% of the EU’s total greenhouse gas emissions. Since 2024, maritime transport has also been included.

The system applies in all EU member states as well as in Iceland, Liechtenstein, and Norway. In addition, since 2020 it has been linked with the Swiss emissions trading system, creating a larger and more efficient market.

The EU-ETS sets a clear price on pollution, directs investments toward climate-friendly solutions, and provides the political framework to reduce emissions in a predictable and measurable way.

EU-ETS 2

In the future, the national emissions trading system (nEHS), which is based on the Fuel Emissions Trading Act (BEHG), is to be integrated into the new emissions trading system of the European Union (EU-ETS 2). This system has been specifically created for the buildings and road transport sectors.

The EU-ETS 2 will start with the reporting year 2024, which will be reported on in 2025. It essentially covers the same fuels as the nEHS but is limited to certain sectors (see below). Responsibility – as in the nEHS – remains with the energy tax debtor.

BEHG

The Fuel Emissions Trading Act (BEHG) came into force on December 20, 2019, as part of the Climate Protection Package presented by the German Federal Government in September 2019. This legally enshrined Germany’s ambitious climate protection targets.

The BEHG currently forms the basis for the national emissions trading system (nEHS) for fossil fuels. Since January 1, 2021, fuel distributors have been required to purchase CO2 certificates. The nEHS in Germany will be replaced by the EU-ETS 2 as soon as it comes into force. 


Participants, Principle & Implementation of the European emissions trading

EU-ETS 1 

The European Emissions Trading System (EU-ETS 1) was introduced in 2005 to implement the Kyoto international climate agreement and is the central European climate protection instrument.

EU-ETS 1 covers emissions from around 9,000 installations across Europe in the energy sector and energy-intensive industries, which together account for about 40% of greenhouse gas emissions in Europe.

The EU-ETS 1 operates under the “Cap & Trade” principle.
A cap sets the total amount of greenhouse gas emissions allowed from the installations subject to emissions trading. The Member States allocate a corresponding number of emission allowances to these installations – partly for free and partly through auctions. One allowance permits the emission of one tonne of CO₂ equivalent (CO₂-eq).

These allowances can be freely traded on the market (Trade), establishing a market price for greenhouse gas emissions. This price creates incentives for companies to reduce their emissions.

EU-ETS 2 

In addition to EU-ETS 1, a separate emissions trading system (EU-ETS 2) is to be established for the use of fossil fuels in the buildings and road transport sectors, as well as in additional sectors.

Similar to the nEHS, EU-ETS 2 is designed as an upstream system. This means that it is not the users of fossil fuels (e.g. for cars or heating) who are obliged to participate in EU ETS 2, but the companies (e.g. gas traders). These companies pass on the price signals to users

Unlike the nEHS, the EU-ETS 2 does not include fixed prices or a price corridor. Market imbalances between supply and demand are to be stabilized through a Market Stability Reserve (MSR).


Common questions FAQs

Fuel Emissions Trading Act (BEHG)

What is the BEHG?

The Fuel Emissions Trading Act (BEHG) came into force on December 20, 2019, as part of the Climate Action Package presented by the German Federal Government in September 2019. This Act legally enshrined the ambitious climate protection targets to which Germany has committed itself.

The BEHG forms the legal basis for the national emissions trading system (nEHS). It applies to sectors that are not yet covered by the existing European Emissions Trading System (EU-ETS). The EU-ETS currently includes only large power generation plants, energy-intensive industries, and intra-European aviation.

At the national level, all fuels and heating materials placed on the market — such as gasoline, diesel, heating oil, natural gas, liquefied gas, or biomass — are subject to a price for their CO₂ emissions.

The German Emissions Trading Authority (DEHSt), part of the Federal Environment Agency (UBA), is responsible for implementing and administering the national emissions trading system.

When did the BEHG come into force?

The Fuel Emissions Trading Act (BEHG) came into force in December 2019.
Since January 1, 2021, the BEHG and its associated regulations have formed the legal framework for national trading in CO2 emission certificates from fuels.
From this date, fuel distributors are required to purchase CO2 certificates to cover the emissions caused by their products.

Which fuels are affected by the BEHG?

Whenever climate-damaging emissions are generated, the corresponding fuels are included in the national emissions trading system. These include, among others, gasoline, diesel, heating oil, liquefied gas, and natural gas. Since 2023, coal has also been covered by the system.

Biomass is likewise affected if it does not meet current sustainability criteria. In 2024, waste used as fuel was also included in the system.

National Emissions Trading (nEHS)

On which legal provisions is the national emissions trading system based?

Key legal foundations for the National Emissions Trading System (nEHS):

Fuel Emissions Trading Act (BEHG):
Serves as the central legal basis for pricing CO₂ emissions through the trading of emission certificates.

Emission Reporting Ordinance 2030 (EBeV 2030):
Regulates the reporting of emissions, including the prevention of double counting and the adjustment of calculation values.

Fuel Emissions Trading Ordinance (BEHV):
Contains provisions on the sale of emission certificates and rules for subsequent purchases.

BEHG Carbon Leakage Ordinance (BECV):
Protects energy-intensive companies from competitive disadvantages by providing compensation measures to prevent carbon leakage.

What is the price of emission certificates?

The legal basis for the pricing of emission certificates is the Fuel Emissions Trading Act (BEHG) of 2019, in its current version dated March 6, 2025.
For the year 2025, a fixed price of 55 euros per tonne of CO2 per emission certificate applies.

What is the difference between the EU-ETS and the nEHS?

Main differences between the EU-ETS 1 and the nEHS:

Point of reference:

  • EU-ETS 1: Emissions are recorded directly at plant operators or aircraft operators.
    These operators are required to acquire emission allowances for their own CO2 emissions.
    This is referred to as a downstream emissions trading system. EU-ETS 1 exists in parallel with the nEHS. 

  • nEHS: Distributors of fossil fuels (e.g. gas or coal suppliers) are required to purchase certificates to cover the emissions that occur at the point of end use. 
    This represents an upstream emissions trading system. The NEHS supplements the EU-ETS 1 and exists in parallel to the ETS.  

  • EU-ETS 2: The EU-ETS 2 will start in 2027 (with some reporting obligations beginning earlier). It will replace previously introduced national emissions trading systems such as the nEHS in Germany under the BEHG and in Austria under the NEHG. The EU-ETS 2 and the EU-ETS 1 exist in parallel and together cover as many emission producers as possible. Emissions allowances are not interchangeable between ETS 1 and ETS 2. Both are classified as securities within the EU. 

Scope of application:

  • EU-ETS 1: Covers primarily large emitters in the industrial, power generation, and aviation sectors.

  • NEHS and ETS 2: Applies to emissions from the use of fossil fuels in the transport and buildings sectors and smaller industries.

In addition, some companies are affected by both emissions trading systems due to the nature of their business activities. However, companies are protected from double taxation by both systems by means of an EU requirement. 

How do other EU member states handle CO₂ pricing?

Several EU Member States have already introduced their own CO2 pricing mechanisms to meet their national climate targets.
However, Germany and Austria are currently the only Member States that have established an independent national emissions trading system through the Fuel Emissions Trading Act (BEHG) in Germany and the National Emissions Trading Act 2022 (NEHG) in Austria.

Obligations under the BEHG

Who is subject to the obligations of the nEHS?

In principle, all natural and legal persons who are liable for energy tax are obligated to participate in the national emissions trading system (nEHS).
This includes, in particular, fuel wholesalers, manufacturers with their own wholesale operations that place fuels on the market, and companies importing fuels into Germany, which are considered importers under the Energy Tax Act (EnergieStG).

What must be considered when submitting the emissions report in Germany?

The emissions report under the nEHS in Germany must be submitted by 31 July of the following year.
It is based on the monitoring plan previously approved by the BEHG-responsible entity.
The report includes information on the fuels placed on the market and may – if required – be verified by an accredited independent verification body.

The purchase and surrender of nEHS certificates takes place either directly via the European Energy Exchange (EEX) or through an appointed intermediary.
The acquired certificates are then transferred to the company’s compliance account.
Additionally, certificates may be purchased on the secondary market through trading between obligated participants.

For each tonne of CO₂ emitted, a corresponding nEHS certificate must be surrendered.
The BEHG-responsible party is obliged to transfer the required certificates from its compliance account in the national emissions trading registry (nEHS Register) to the national surrender account by 30 September of the following year at the latest.

Violations of these obligations constitute administrative offences under Section 22 of the BEHG and may be punished with fines of up to EUR 500,000.


Who qualifies as a fuel distributor ('Inverkehrbringer') and what obligations apply?

Under the Fuel Emissions Trading Act (BEHG), a fuel distributor is defined as the supplier who delivers fuels to an end customer who withdraws them from the pipeline network—that is, at the point where energy tax liability arises.
The responsibility therefore derives from the Energy Tax Act (EnergieStG), even though CO₂ pricing itself is not a tax, but a market-based certificate trading system.

Thus, all companies holding an energy tax supplier certificate are considered fuel distributors under the BEHG.

Customers can generally be divided into two groups:

  1. Customers for whom the seller pays the energy tax
    In this case, the seller (e.g. SEFE) is regarded as the fuel distributor and is therefore obliged to participate in the national emissions trading system (nEHS).
    The invoice includes an additional charge for emission certificates.
  2. Customers exempt from energy tax
    These customers pay the energy tax themselves and are therefore considered fuel distributors in their own right.
    They are independently obligated to participate in the nEHS, and their invoice does not include a surcharge for certificates.

Obligations toward the German Emissions Trading Authority (DEHSt)

The fuel distributor has both one-time and recurring obligations toward the German Emissions Trading Authority (DEHSt):

One-time obligations:

  • Registration and opening of a compliance account in the nEHS register.

Recurring obligations:

  • Preparation and submission of a monitoring plan
  • Annual submission of an emissions report
  • Purchase and surrender of the required emission certificates

Purchase of certificates and supplementary purchase rule

The fuel distributor must cover at least 90% of their certificate requirement within a calendar year.
For the remaining 10%, the supplementary purchase rule applies (Section 10 (2), sentence 3 BEHG).

This rule allows the purchase of up to 10% of the required certificates by 30 September of the following year, at the fixed price of the previous year.
The calculation basis, according to Section 6 (2) BEHV, is the number of certificates held in the compliance account at the end of the year.

Monitoring plan and reporting obligations

The monitoring plan serves as the basis for the annual emissions report and specifies the methods used to record and calculate emissions.
It must be complete, transparent, and traceable, and must be submitted at the start of the reporting obligation as well as whenever changes occur.
Afterwards, the plan may be updated or adjusted as needed.

Price impacts of the BEHG in Germany

How is CO₂ pricing carried out?

From 2021 to 2025, CO₂ certificates are issued at fixed prices.
For 2026, a price corridor is planned, which will then be phased out.
Starting in 2027, certificate prices will be determined freely by the market.

What prices apply in the nEHS?

The fixed price per nEHS certificate (nEZ) – and thus per tonne of CO₂ – amounts to:

2021: €25
2022: €30
2023: €30
2024: €45
2025: €55
2026: €55-65 (price corridor) 

Outlook: EU-ETS 2

What is the EU-ETS 2?

The Fuel Emissions Trading Act (BEHG) and the national emissions trading system (nEHS) based on it apply in Germany to those sectors that have so far not been covered by the European Emissions Trading System (EU-ETS).
With the introduction of EU-ETS 2, this regulatory gap is to be closed at the European level, further harmonizing emissions trading within the EU.

The EU-ETS is currently in its fourth trading period (2021–2030).
As part of the European “Fit for 55” package, the target was set to reduce net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels.
This also includes the extension of emissions trading to the buildings and transport sectors.

What changes have been made to the EU Emissions Trading System for industrial and energy companies?

With the reform of the EU Emissions Trading System (EU-ETS) now in force, around 85 percent of all European CO2 emissions will in future be covered by certificates or emission allowances.

Key Elements of the EU-ETS Reform for Industry and Energy

  • Reduction target:
    Emissions are to be reduced by 62% by 2030 compared to the reference year 2025.
    This represents an additional reduction of 23 million tonnes of CO2 compared with the original proposal by the European Commission.
  • Withdrawal of certificates from the market:
    Certificates will gradually be removed from the market, particularly in 2024, when 90 million certificates will be cancelled.
  • Lowering of the emission cap:
    The overall cap will be reduced by 4.3% per year between 2024 and 2027, and by 4.4% per year from 2028 onwards (the so-called Linear Reduction Factor).
    If this trend continues, the issuance of certificates would be completely phased out by 2040 — meaning that no new certificates would be issued after 2040.
  • Introduction of the Carbon Border Adjustment Mechanism (CBAM):
    The new CBAM aims to create climate protection incentives for non-EU countries.
    At the same time, the free allocation of certificates for products covered by CBAM will be gradually phased out.
  • Expansion of ccope:
    In future, greenhouse gas emissions from maritime transport will also be included in the EU-ETS.
    Additionally, emissions trading for aviation will be revised to further integrate this sector into European climate policy.
How will the national emissions trading system (nEHS) be integrated into the future European Emissions Trading System (EU-ETS 2), and what impact will EU-ETS 2 have on the BEHG?

The national emissions trading system (nEHS), which is based on the Fuel Emissions Trading Act (BEHG), is to be integrated into the new EU Emissions Trading System 2 (EU-ETS 2) in the future.
The EU-ETS 2 is a separate system established by the European Union, designed specifically for the buildings, road transport, and certain fuel-related industrial sectors.
This means that the previously national fuel emissions trading system will henceforth be regulated at the European level.

The national implementation of the EU-ETS 2 will take place through the Greenhouse Gas Emissions Trading Act (TEHG).
The reporting framework is presently being developed by the German Emissions Trading Authority (DEHSt) within the Federal Environment Agency (UBA).

As there is currently no practical experience regarding certain aspects – particularly price formation mechanisms in the buildings and road transport sectors – the specific impacts of EU-ETS 2 can only be estimated to a limited extent at this time.

Furthermore, transitional provisions are planned, which will entail adjustments and possible extensions of reporting obligations.

When will the implementation of EU-ETS 2 begin?

The national implementation of the EU-ETS 2 in Germany will begin with the adoption of the amended Greenhouse Gas Emissions Trading Act (TEHG).
The first stage, known as the regulatory phase, covers the reporting years 2024 to 2026.
During this period, no certificates need to be surrendered.

The first EU ETS 2 emissions report for the reporting year 2024 was to be submitted by 30 April 2025 and the first monitoring plan by 31 July 2025. The first application for an emissions permit had to be submitted by 30 June 2025 (relief for BEHG responsible parties, see Section 41(4) sentence 1 TEHG).

After the reporting phase, the trading phase begins, during which allowances must be traded freely and surrendered for the reported emissions.

Which sectors are covered by EU-ETS 2?

The EU-ETS 2 primarily covers the buildings and road transport sectors.
This includes both private and commercial buildings, as well as private and commercial vehicles.
In addition, – with certain exceptions – parts of the energy sector, the manufacturing industry, and the construction sector will also be included in the system, as are smaller industrial companies that are not covered by the EU-ETS 1. 

According to the Greenhouse Gas Emissions Trading Act (TEHG), all natural and legal persons, as well as partnerships that are liable for energy tax, are obliged to participate in the EU-ETS 2.
This particularly applies to fuel wholesalers and manufacturers that place fuels on the market, as well as to companies importing fuels into Germany, which are therefore regarded as importers under energy tax law.

If fuels are stored by third parties in a warehouse, the person storing the fuels is considered the responsible party, not the warehouse owner.

As a result, most of the entities already obligated under the BEHG will also be required to participate in the EU-ETS 2 in the future.

What obligations apply to fuel distributors and companies that use fossil fuels under EU-ETS 2?

Under the EU-ETS 2, fuel distributors (energy tax debtors) are obliged to purchase emission certificates to cover the CO2 emissions they cause.
They must continuously monitor their emissions, report them annually, and apply for an emissions permit based on an approved monitoring plan.

In addition, from the start of EU-ETS 2, companies are required to maintain an account in the Union Registry through which the allowances are managed. Companies are also encouraged to develop measures and strategies to reduce emissions.

Thus, fuel distributors bear the direct responsibility within the framework of the EU-ETS 2, while consuming companies are primarily indirectly affected through higher fuel prices, thereby contributing to climate protection.

What tasks will arise for me under EU-ETS 2, and what information must I provide as a customer to ensure ETS2 compliance?

All entities affected by EU-ETS 2 — including both distributors of fossil fuels and companies and households that use fossil energy sources for heating, cooling, or transport — must prepare for a variety of measures and obligations.
These are intended to ensure compliance with the EU-ETS 2 requirements while also contributing to the reduction of greenhouse gas emissions.

Emission reduction

  • Energy Efficiency: Investments in energy-efficient technologies and measures to reduce energy consumption are becoming increasingly important.
  • Renewable Energy: Switching to renewable energy sources plays a key role in reducing the use of fossil fuels and the associated emissions.

Cost management

  • Cost Planning: Companies should incorporate future costs for purchasing emission certificates into their financial and investment planning at an early stage.
  • Funding Opportunities: Financial support may be available through programmes such as the Social Climate Fund or the EU Innovation Fund.

Regular adjustments

  • Legislative Changes: Since the framework conditions of the EU-ETS 2 will continue to evolve, it is essential to regularly review current regulations and deadlines and to adjust internal processes accordingly.

Additional obligations for fuel distributors (energy tax debtors)

In addition to the general requirements, fuel distributors are subject to specific legal obligations:

  • Emissions Permit: Before commencing operations, companies must obtain an emission permit based on an approved monitoring plan.
  • Monitoring: Companies must continuously record and document their CO₂ emissions as part of an approved monitoring plan.
  • Reporting: An annual emissions report must be prepared and submitted on time to the competent authority.
  • Purchase of Certificates: The required emission certificates are traded exclusively via auctions.
    Companies must acquire these certificates to cover their reported emissions.
  • Compliance Cycle: The complete EU-ETS 2 compliance process includes the following steps:
    monitoring plan preparation, validation, monitoring, reporting, verification, and surrender of emission allowances.

Further links

Where can I find more information if I still have questions?

Official information:

In addition, since January 2021, the German Emissions Trading Authority (DEHSt) has been continuously publishing guidelines and informational materials on various topics related to the national emissions trading system (nEHS).

Further links on the topics:

Fuel Emissions Trading Act (BEHG)

Fuel Emissions Trading Act of December 12, 2019 (Federal Law Gazette I p. 2728), last amended by Article 7 of the Act of December 22, 2023 (Federal Law Gazette 2023 I No. 412).
www.gesetze-im-internet.de/behg

Emission Reporting Ordinance 2030 (EBeV 2030)

Ordinance on emission reporting under the Fuel Emissions Trading Act for the years 2023 to 2030 (Emission Reporting Ordinance 2030 – EBeV 2030), last amended by Article 1 No. 5 of the Act of November 9, 2022 (Federal Law Gazette I p. 2006).
www.gesetze-im-internet.de/ebev_2030

Fuel Emissions Trading Ordinance (BEHV)

Ordinance implementing the Fuel Emissions Trading Act (Fuel Emissions Trading Ordinance – BEHV), promulgated December 17, 2020; full citation: “Fuel Emissions Trading Ordinance of December 17, 2020 (Federal Law Gazette I p. 3026), as amended by Article 1 of the Ordinance of June 21, 2023 (Federal Law Gazette 2023 I No. 163).”
www.gesetze-im-internet.de/behv

BEHG Carbon Leakage Ordinance (BECV)

Ordinance on measures to prevent carbon leakage under the national fuel emissions trading (BEHG Carbon Leakage Ordinance – BECV), promulgated July 21, 2021; full citation: “BEHG Carbon Leakage Ordinance of July 21, 2021 (Federal Law Gazette I p. 3129).”
www.gesetze-im-internet.de/becv

BEHG Double Accounting Compensation Ordinance (BEDV)

Ordinance on the compensation of double-accounted fuel emissions under the Fuel Emissions Trading Act (BEHG Double Accounting Compensation Ordinance – BEDV), of January 27, 2023, Federal Law Gazette 2023 I No. 29
www.gesetze-im-internet.de/bedv

Climate and Transformation Fund

Act establishing a special fund “Climate and Transformation Fund” (KTFG), promulgated December 8, 2010; full citation: “Climate and Transformation Fund Act of December 8, 2010 (Federal Law Gazette I p. 1807), last amended by Article 1 of the Act of July 12, 2022 (Federal Law Gazette I p. 1144).”
www.gesetze-im-internet.de/ekfg

European Climate Law

Regulation (EU) 2021/1119 of the European Parliament and of the Council of June 30, 2021 establishing the framework for achieving climate neutrality and amending Regulations (EC) No 401/2009 and (EU) 2018/1999 (“European Climate Law”),
https://eur-lex.europa.eu/legal-content/DE/TXT/PDF/?uri=CELEX:32021R1119&from=FR

Federal Climate Protection Act

First Act amending the Federal Climate Protection Act of August 18, 2021
www.bgbl.de/xaver/bgbl/start.xav?tartbk=Bundesanzeiger_BGBl&jumpTo=bgbl121s3905.pdf#__bgbl__%2F%2F*%5B%40attr_id%3D%27bgbl121s3905.pdf%27%5D__1686999206560

EU-ETS Reform incl. ETS 2

Directive (EU) 2023/959 of the European Parliament and of the Council of May 10, 2023 amending Directive 2003/87/EC on a system for greenhouse gas emission allowance trading within the Union and Decision (EU) 2015/1814 on the establishment and operation of a market stability reserve for the Union’s greenhouse gas emission trading system,
https://eur-lex.europa.eu/legal-content/DE/TXT/PDF/?uri=CELEX:32023L0959

Draft by the Federal Ministry for Economic Affairs and Climate Action – Draft Act to adapt the Greenhouse Gas Emissions Trading Act to the amendment of Directive 2003/87/EC (TEHG European Law Adaptation Act 2024)
www.bmwk.de/Redaktion/DE/Downloads/Gesetz/20240730-entwurf-anpassung-treibhausgas-emissionshandelsgesetz.pdf?__blob=publicationFile&v=4

www.bmwk.de/Redaktion/DE/Artikel/Service/Gesetzesvorhaben/20240730-entwurf-anpassung-treibhausgas-emissionshandelsgesetz.html

www.dehst.de/SharedDocs/Newsletter/DE/2024/2024-08-29-nehs-eu-ets-2-tehg-novelle_01.html


German Bundestag documentation, title: New EU emissions trading for buildings and road transport; subtitle: On the planned EU-ETS II and the impact on the national emissions trading system, January 2023:
www.bundestag.de/resource/blob/935752/11ab46422ea31a5a3195319d5fa05f4d/WD-8-001-23-pdf-data.pdf


EEX sales calendar for nEHS in 2024:
www.eex.com/fileadmin/EEX/Downloads/Trading/Calendar/nEHS_Sell-off_Calendar/20240111_nEHS_sales_calendar_2024_DE.pdf


DEHSt Guide to scope, monitoring and reporting of CO₂ emissions – National Emissions Trading System 2021 and 2022, as of September 2023.
www.dehst.de/SharedDocs/downloads/DE/nehs/nehs-leitfaden-monitoring-2021-2022.pdf?__blob=publicationFile&v=8


DEHSt Guide to scope, monitoring and reporting of CO₂ emissions – National Emissions Trading System 2023 to 2030, as of May 2024.
www.dehst.de/SharedDocs/downloads/DE/nehs/nehs-leitfaden-monitoring-2023-2030.pdf?__blob=publicationFile&v=4


DEHSt BEHG Guide: Updated guide “Interaction of EU-ETS and nEHS 2021 and 2022,” advance deduction of fuel quantities under Section 7 (5) BEHG and subsequent compensation under Section 11 (2) BEHG in conjunction with BEDV for stationary installations in the EU ETS, as of June 2023
www.dehst.de/SharedDocs/downloads/DE/stationaere_anlagen/2021-2030/Leitfaden-euets-nehs.pdf?__blob=publicationFile&v=10

DEHSt information paper on ETS 2:
“EU-ETS 2: Information paper on scope, monitoring and reporting of CO₂ emissions – reporting phase 2024 to 2026,” as of September 2024

DEHSt – Understanding National Emissions Trading – Understanding National Emissions Trading


Further information can be found on the DEHSt website at:
www.dehst.de/DE/Online-Services/nEHS-Datenerfassung/Carbon-Leakage-Kompensation/carbon-leakage-kompensation_node.html

www.dehst.de/DE/Themen/nEHS/EU-ETS-1-Kompensation/eu-ets-1-kompensation_node.html

EU-ETS 2: Information paper on scope, monitoring and reporting of CO₂ emissions – reporting phase 2024 to 2026 (dehst.de)

Disclaimer

These FAQs may contain forward-looking statements that are based on the current assumptions and forecasts of SEFE’s management, on laws and regulations currently in force, or on other information available at this time.

Various known and unknown risks, uncertainties, and other factors could lead to significant differences between the actual future results, financial situation, development, or performance of the company and the assessments provided here. SEFE assumes no obligation to update such forward-looking statements or to adapt them to future events or developments.

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