EU Emissions Trading Scheme


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The EU's Emissions Trading System is the world’s biggest scheme for trading emissions allowances

European Parliament adopts draft reform of carbon market

The European Parliament on Wednesday (15 February) adopted draft reforms of the EU's carbon market post-2020 that aim to balance greater cuts in greenhouse gases with protection for energy-intensive industries.

Tabled amendments to the EU ETS scheme include additional subsidies being given to pollution-heavy industries such as the steel and energy sector

Polluting industries stand to gain from EU ETS reform, report claims

A reform of the EU Emissions Trading System (ETS), which is being voted on by the European Parliament next week, could end up giving more than €230bn in subsidies to polluting industries, a new report has claimed.

The reformed Emissions Trading System would allow sectors, such as the maritime and steel industries, to adopt a carbon pricing set at international level

EU ETS in need of 'ambitious' revamp, MEPs warn

The European Union (EU) has been urged to revamp its Emission Trading System (ETS) to allow for free allowances to be given to the industries that need them most, even though it was revealed that struggling Tata Steel has received £700m from the ETS since 2008.

Energy and electricity prices are being blamed for the UK steel industry's failings

Tata Steel crisis: Four green solutions for the struggling steel industry

As the Tata Steel crisis rumbles on, commentators are pointing fingers at energy prices and green policies as key reasons behind Tata's decision to exit the UK. Are they right, or could a reformed green policy landscape and enhanced focus on sustainability actually end up convincing energy-intensive manufacturers to stay put?

If left unchanged, the EU ETS will reportedly add nearly £30 a tonne to average steel production costs by 2030

EU decarbonisation policies could cost UK steel £300m a year

The EU emissions trading scheme (ETS) could cost the UK steel sector more than £300m a year by 2030, according to a new report from the industry.

The experts were broadly supportive of cap-and-trade with 19% saying it is an ideal abatement instrument, 66% saying it is the best we can agree on, and just 8% saying it does more harm than good.

Cap-and-trade "best solution we can agree on" for climate change

Nearly two thirds of 'carbon experts' believe that a cap-and-trade carbon market is the "best method we can agree on" for reducing global emissions.

Approximately two billion backloaded and unallocated allowances will be put into the MSR before they flood the market at the end of the decade.

EU to clamp down on 'glut' of carbon permits in the ETS

EU lawmakers have agreed to fastrack a reform to the EU emissions trading scheme (ETS), to deal with the surplus of allowances in the system.


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