Part 1 Schemes Limiting Activities
Climate Change Act 2008 (2008 c 27) | Legislation

SCHEDULE 2 Trading Schemes

Section 46

Part 1 Schemes Limiting Activities

Introductory

1

This Part of this Schedule deals with trading schemes that operate by limiting or encouraging the limitation of activities that consist of the emission of greenhouse gas or that cause or contribute, directly or indirectly, to such emissions.

Trading periods

2

The regulations must specify the period or periods by reference to which the scheme is to operate (a “trading periodâ€).

Activities

3

(1)     The regulations must identify the activities to which the trading scheme applies.

(2)     The regulations may identify the activities by reference to any, or any combination of, criteria and in particular—

(a)     may identify the activities by reference to the locations or locations at which they are carried on, or

(b)     may be expressed to apply to all activities of a particular kind carried on in the United Kingdom or a part of the United Kingdom.

(3)     The regulations must specify the units of measurement of the activities for the purposes of the scheme.

(4)     The regulations may specify units of measurement by reference to—

(a)     the activities themselves,

(b)     anything consumed or used for the purposes

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