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Emissions Trading Act review sets out new rules on use of CDM/JI in Germany

October 2011 - Following its approval by the German Bundesrat (upper house of parliament), Germany’s Emission Allowance Trading Act (TEHG) entered into force on 28 July 2011. With the third trading period of the European Emissions Trading Scheme (ETS) from 2013 to 2020, the EU introduces consistent EU-wide rules on free allocation of emissions allowances. This change is transposed into national law by the Emission Allowance Trading Act, which also governs the use of CDM/JI certificates. From 2013 onwards, ERUs and CERs stemming from emission reductions achieved prior to 2013 will be eligible as well as CERs from projects registered before 2013.