Regulation 2 Amendment of the Carbon Accounting Regulations 2009

The following amendments are made to regulation 6 (crediting and debiting of carbon units as a result of the operation of the EU ETS during the 2008-2012 budgetary period) of the Carbon Accounting Regulations 2009^f1.

In paragraphs (3), (4), (5) and (6) for “245,991,207” substitute “the annual allocation”.

After paragraph (6) insert—

“(7)

For the purposes of regulation 6 “the annual allocation” means—

(a)

245,991,207 carbon units in respect of 2008;

(b)

245,294,083 carbon units in respect of 2009 and 2010;

(c)

245,294,084 carbon units in respect of 2011 and 2012.”.