The Linking Directive will therefore further lower the cost to EU industry by offering more options for complying with the requirements of the Emissions Trading Scheme.

Since 2002, important new EU legislation has been adopted including directives on combined heat and power and the EU emissions trading scheme and its linking directive.

Regular reporting by Member States is an integral element of those Directives, read in conjunction with Directive 96/62/EC and indispensable for checking compliance with those obligations.

3. In order to ensure consistent application of the calculation methods listed in Annex I, Part II, of this Directive, in conjunction with Article 49(1) of Regulation (EU) No 575/2013 and Article 228(1) of Directive 2009/138/EC, but without prejudice to Article 6(4) of this Directive, the ESAs shall, through the Joint Committee, develop draft regulatory technical standards with regard to Article 6(2) of this Directive.

(27) This Directive, together with the future Directive of the European Parliament and of the Council concerning the distance marketing of consumer financial services, contributes to the creating of a legal framework for the on-line provision of financial services; this Directive does not pre-empt future initiatives in the area of financial services in particular with regard to the harmonisation of rules of conduct in this field; the possibility for Member States, established in this Directive, under certain circumstances of restricting the freedom to provide information society services in order to protect consumers also covers measures in the area of fin ...[+++]ancial services in particular measures aiming at protecting investors.

As mentioned above, it is more efficient and more transparent to subsidise unviable air or ferry routes directly, rather than through duty-free sales.