F18D
1
The Scottish Ministers must in respect of 2016 calculate whether an amount of carbon units is to be credited to or debited from the net Scottish emissions account as a result of the operation of the EU ETS.
2
The calculation must be performed by 30th June 2018.
3
The Scottish Ministers, when carrying out the calculation, must determine—
a
whether the amount of emissions in respect of Scotland from aviation activities in 2016 is more or less than the aviation cap; and
b
whether the amount of carbon units surrendered in respect of other activities in Scotland as a result of the operation of the EUETS in the relevant period for 2016 is more or less than the fixed installation cap.
4
If the amount of emissions in respect of Scotland from aviation activities in 2016 is—
a
more than the aviation cap, an amount of carbon units equal to the excess must be credited to the net Scottish emissions account for 2016; or
b
less than the aviation cap, an amount of carbon units equal to the shortfall must be debited from the net Scottish emissions account for 2016.
5
If the amount of carbon units surrendered in respect of other activities in Scotland as a result of the operation of the EUETS in the relevant period for 2016 is—
a
more than the fixed installation cap, an amount of carbon units equal to the excess must be credited to the net Scottish emissions account for 2016; or
b
less than the fixed installation cap, an amount of carbon units equal to the shortfall must be debited from the net Scottish emissions account for 2016.
6
In this regulation—
“aviation activities” means aviation activities listed in Annex I;
“aviation cap” means 1,365,013 tonnes of carbon dioxide equivalent;
“fixed installation cap” means 13,707,475 tonnes of carbon dioxide equivalent;
“other activities” means activities listed in Annex I other than aviation activities; and
“relevant period” means for 2016, the 16 months preceding 1st May 2017.