A ‘cap and trade’ system to reduce emissions via a carbon market.
Improving our resilience to major shocks.
Strengthening the EU ETS for the next decade.
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.
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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...