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Date: 9-Jan-2025 Category: Not Applicable State: Union Government Country: Europe

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]

Issued by Standing Committee of the EFTA States · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • 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.
  • The decision outlines how excess emissions premiums, charged to manufacturers who exceed emission targets, will be distributed among the EFTA States.

Key Changes

  • 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.
  • This allocation method will be applied yearly until the decision is repealed.
  • The decision stems from Article 8 of Regulation (EU) 2019/631, which mandates the European Commission to collect excess emissions premiums.
  • The EFTA Surveillance Authority receives a portion of these premiums, proportional to the registrations in EFTA states of manufacturers established in the EU.
  • The decision was made on June 11, 2024, and enters into force immediately, to be published in the Official Journal of the European Union.

Impact Analysis

Consumers

  • The decision may encourage manufacturers to offer more fuel-efficient or electric vehicles to avoid penalties, potentially providing consumers with more environmentally friendly options.

EFTA States

  • Action Item: Each EFTA state needs to track and report new passenger car and light commercial vehicle registrations accurately to ensure correct allocation of funds.

Vehicle Manufacturers

  • Action Item: Manufacturers should review their strategies for meeting CO2 emission targets for new vehicles to avoid or minimize excess emissions premiums.

European Commission & EFTA Surveillance Authority

  • Action Item: The European Commission and EFTA Surveillance Authority should coordinate to ensure smooth collection and distribution of excess emission premiums.

Key Entities Referenced

Standing Committee of the EFTA States: The decision-making body responsible for determining the allocation of excess emissions premiums among the EFTA States. EFTA States: The member states of the European Free Trade Association (EFTA) participating in the European Economic Area (EEA). European Commission: The executive branch of the European Union, responsible for collecting excess emissions premiums. EFTA Surveillance Authority: The body responsible for monitoring and enforcing EEA rules in the EFTA States. Regulation (EU) 2019/631: The European Union regulation setting CO2 emission performance standards for new passenger cars and new light commercial vehicles. EEA Agreement: The Agreement on the European Economic Area, which extends the EU's single market to Iceland, Liechtenstein, and Norway.
Official Source Record View Original Source →
See Full Document Text
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 Economic Area, hereinafter referred to as the EEA Agreement, and in particular point 21az of Annex XX thereof, Having regard to Decision of the EEA Joint Committee No 168/2020 of 23 October 2020 incorporating Regulation (EU) 2019/631 of the European Parliament and of the Council of 17 April 2019 setting CO emission performance 2 standards for new passenger cars and for new light commercial vehicles, and repealing Regulations (EC) No 443/2009 and (EU) No 510/2011(1)into the EEA Agreement, Having regard to adaptations (i), (j) and (k) in point 21az of Annex XX to the EEA Agreement in particular, Whereas: (1) Pursuant to Article 8(1) of Regulation (EU) 2019/631, the European Commission shall impose an excess emissions premium on manufacturers or pool managers of new cars and new light commercial vehicles. (2) Pursuant to Article 8(3) of Regulation (EU) 2019/631 as incorporated into the EEA Agreement, the European Commission shall use its established means for collecting excess emissions premiums under Article 8(1) also in relation to the registrations in EFTA States of manufacturers established in the EU. (3) Pursuant to Article 8(1) of Regulation (EU) 2019/631 as incorporated into the EEA Agreement, the amounts of the excess emissions premium shall be distributed between the Commission and the EFTA Surveillance Authority proportionally to the share of the registrations of new passenger cars or new light commercial vehicles registered in the EU or in the EFTA States, respectively, relative to the total number of new passenger cars or new light commercial vehicles registered in the EEA. (4) Pursuant to Article 8(4) of Regulation (EU) 2019/631 as incorporated, the EFTA States shall determine the allocation of the amounts of the excess emissions premium for the EFTA States. (5) It is therefore necessary for the Standing Committee of the EFTA States to determine the allocation of the amounts of the excess emissions premium accruing to the EFTA States, HAS DECIDED AS FOLLOWS: Article 1 1. The excess emissions premiums accruing to the EFTA States in accordance with Article 8 of Regulation (EU) 2019/631 as incorporated into the EEA Agreement, shall be allocated between the EFTA States proportionally to the share of the registrations of new passenger cars or new light commercial vehicles registered in each EFTA State respectively, relative to the total number of new passenger cars or new light commercial vehicles registered in the respective EFTA States. (1) OJ L 111, 25.4.2019, p. 13. ELI: http://data.europa.eu/eli/dec/2025/15/oj 1/2EN OJ L, 9.1.2025 2. The yearly excess emissions premiums accruing to the EFTA States shall be allocated among the EFTA States pursuant to this method until this Decision is repealed. Article 2 Publication This Decision shall be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of the European Union. Article 3 Entry into force and application This Decision shall enter into force immediately. Done at Brussels, 11 June 2024. For the Standing Committee The Chair The Secretary-General Kristján Andri STEFÁNSSON Siri VESETH MELING 2/2 ELI: http://data.europa.eu/eli/dec/2025/15/oj

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