Oct 2004 |
Council formally adopts Linking Directive |
| Member States must finalise 1st phase National Allocation Plans
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| UKwork begins on phase 2 targets as part of Climate Change Programme Review
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Dec 2004 | Commission has option to extend Directive to cover other gases and activitiesunlikely to be taken up
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Jan 2005 | Trading period officially begins
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| Commission issues questionnaire to Member States on their implementation of the Directive
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March 2005 | Deadline for transfer of allowances to installations
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| UKClimate Change Programme Review finalised
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June 2005 | Member States submit report on the application of the Directive (based on questionnaire)
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Sept 2005 | Commission published report on the application of the Directive based on Member States reports
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June 2006 | Commission submits report to Parliament and Council on further development of the scheme including proposals as appropriate
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| Deadline for submission of Member States phase II National Allocation Plans
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Jan 2008 | Second phase of trading begins
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