ECJ Directive 2003/87/EC – Scheme for greenhouse gas emission allowance trading – Penalty for excess emissions – Concept of excess emission – Equated with infringement of the obligation to surrender, within the time periods prescribed by the directive, a sufficient number of allowances to cover the emissions from the previous year – No exculpatory cause in the event of actual holding of non-surrendered allowances, unless force majeure – No possibility of varying the amount of the penalty – Proportionality
C-203/12, [2013] EUECJ C-203/12
Bailii
Directive 2003/87/EC
European, Environment
Updated: 22 November 2021; Ref: scu.516572
