In 2023, a new, separate emissions trading system was created: Emissions Trading System 2 (ETS 2).
Under the European Climate Law, EU Member States will work collectively to become climate neutral by 2050.
What countries, sectors and gases does the EU ETS cover?
A ‘cap and trade’ system to reduce emissions via a carbon market.
Improving our resilience to major shocks.
Limiting emissions year after year.
Putting into practice the ‘polluter pays’ principle.
Financial instruments that represent a tonne of CO₂ removed or reduced from the atmosphere.
Auctioning is the default method for allocating emission allowances to companies participating in the EU emissions trading system (EU ETS)...
Ensuring transparency and accuracy.
EU-registret holder styr på ejerskabet af kvoter.
Preventing market abuse and misconduct.
Emissions trading systems around the world.
Set up in 2005, the EU ETS is the world’s first international emissions trading system. It is now in its fourth phase (2021-2030).First stepsThe...