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March 2009

Legal Alert - Changes to EU Emissions Trading Scheme 

This Legal Alert highlights the main elements of the directive amending Directive 2003/87/EC on the EU Emissions Trading Scheme (the “New EU ETS Directive”), which was adopted by the European Parliament on 17 December 2008 as part of the EU climate package. The climate package also comprised several other directives, including the Effort-Sharing Directive (on the shared emissions reduction effort of Member States) and the CCS Directive (on the geological storage of CO2).

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