Skip to content
Homeโ€บ Europeโ€บ Standing Committee of the EFTA Statesโ€บ Gazetteโ€บ Decision of the Standing Committee ...
REGULATORY POLICY GAZETTE NOTIFICATION

Decision of the Standing Committee of the EFTA States No 3/2024/SC of 11 June 2024 on the allocation of excess emissions premiums collected in accordance with Regulation (EU) 2019/631 of the European Parliament and of the Council [2025/15]

Date: 9th January 2025
Jurisdiction: European Union
European Union

Read or download the official PDF of this gazette notification issued by the Standing Committee of the EFTA States on 9th January 2025.

Official Gazette Notification Text

Official Transcript

Official Journal EN of the European Union L series 2025/15 9.1.2025 DECISION OF THE STANDING COMMITTEE OF THE EFTA STATES No 3/2024/SC of 11 June 2024 on the allocation of excess emissions premiums collected in accordance with Regulation (EU) 2019/631 of the European Parliament and of the Council [2025/15] THE STANDING COMMITTEE OF THE EFTA STATES, Having regard to the Agreement on the European...

PolicyIndex Takeaway
Get AI summary โ†’
  • โœ“ This is a Decision of the Standing Committee of the EFTA States regarding the allocation of excess emissions premiums collected under Regulation (EU) 2019/631. This regulation sets CO2 emission performance standards for new passenger cars and light commercial vehicles.
  • โœ“ The decision outlines how excess emissions premiums, charged to manufacturers who exceed emission targets, will be distributed among the EFTA States.
  • โœ“ The excess emissions premiums accruing to the EFTA States will be allocated proportionally based on the share of new passenger cars and light commercial vehicles registered in each EFTA state relative to the total number of such vehicles registered in all EFTA States.
  • โœ“ This allocation method will be applied yearly until the decision is repealed.
  • โœ“ The decision stems from Article 8 of Regulation (EU) 2019/631, which mandates the European Commission to collect excess emissions premiums.

You might also want to explore

Get daily policy updates in your inbox

Choose the sectors and regulators you care about. We'll send only what matters to you.

No spam. Unsubscribe anytime.