Amendment to Act on Greenhouse Gas Emission Allowance Trading
According to the European Commission, the provisions of Section 8(6) and (7) of the Act – guaranteeing the full right to receive allowances for two subsequent trading terms to preselected groups of operators – could be deemed to constitute state aid incompatible with the public market.
The amendment also deals with the current application troubles. The Act provides the Ministry of the Environment with permanent authorization to allocate the allowances or, if applicable, regulate the allocated amount if several facilities merge or a single facility demerges. So far, such authorization was contemplated to apply only to the first trading term, but not permanently.
The amendment further introduced provisions on termination of the allowances since the provisions resulted hitherto in practical problems with dismissing operators who failed to comply with the criteria for being enrolled in the scheme and closing their deposit accounts with the register.
The amendment newly introduced assigned amount units (AAUs) that represent the difference between the Czech Republic’s obligation under the Kyoto Protocol and the actual emission reduction as compared to 1990. The Ministry of the Environment may sell these credits both to other countries participating in the scheme of international emission trading and to private corporations in auctions. The funds raised may only be used to support projects for reduction of greenhouse gas emissions.
Other articles
Helena Navrátilová on Three Decades of the Advent Concerts of Good Will
KŠB partner Helena Navrátilová was recently interviewed on S dobrou vůlí, the podcast of the Committee of Good Will – Olga Havel Foundation. Speaking with editor Veronika Širc, Helena talked about the origins and history of the Advent Concerts of Good Will, which KŠB has been organizing for over thirty years.
KŠB advises LIPOELASTIC founders on the sale of LIPOELASTIC Group
KŠB, in collaboration with investment advisers from the Roklen Group, advised LIPOELASTIC Group founders Alena and Tomáš Hradil on their exit from the group, which they had built up over almost twenty-five years.
Chemistry Brings People Together: KŠB at the 2026 Evening of Czech Chemistry
Czech chemistry and the chemical industry are built on innovation, responsibility and the people who drive the field forward. On Thursday, 22 October 2026, leading figures from the field and industry representatives came together at the Grand Hotel International Prague for the Czech Chemical Industry Association’s annual Evening of Czech Chemistry.
