The annual ‘Trends and projections’ report provides an assessment of the progress of the EU and European countries towards their climate mitigation and energy targets. It is based on national data for greenhouse gas emissions, renewable energy and energy consumption.
Greenhouse gas (GHG) emissions in the European Union (EU) increased by 0.6 % in 2017, according to preliminary estimates from Member States, mostly because of road transport.
Past cap-and-trade programmes have tended to encourage polluters to adopt existing abatement technologies, but have generally had little effect on innovation. This paper presents new evidence that the EU Emissions Trading System (EU ETS) may have bucked this trend and encouraged innovation rather than adoption.
Past cap-and-trade programmes have tended to encourage polluters to adopt existing abatement technologies, but have generally had little effect on innovation. This paper presents new evidence that the EU Emissions Trading System (EU ETS) may have bucked this trend and encouraged innovation rather than adoption.
EU carbon prices are set to double by 2021 and could quadruple to €55 a tonne by 2030 if the European Commission ultimately legislates to align the bloc’s current emissions targets with the Paris climate agreement, finds a new report by Carbon Tracker.
The EU Emissions Trading System (EU ETS) is important through its role as the “cornerstone” of EU climate change policy as well as a “role model” and “pioneer” for carbon markets.
Estimates of the EU's greenhouse gas emission budgets for the rest of the century vary considerably but have one thing in common: The EU's emission budget is very small and shrinking rapidly.
Greenhouse gas emission benchmarks are widely implemented as a policy tool, as more countries move to implement carbon pricing mechanisms for industrial emissions. In particular, benchmarks are used to determine the level of free allowance allocation in emission trading schemes, which are distributed as a measure to prevent carbon leakage.
This 2017 report of the European Environment Agency (EEA) provides an analysis of past, present and future emissions trends under the European Union (EU) Emissions Trading System (ETS), based on the latest data and information available from the European Commission (July 2017 data on verified emissions and compliance by operators under the EU ET
