The COVID-19 pandemic has had a profound impact on carbon emissions in Europe. In 2020, emissions from stationary installations covered by the EU Emissions Trading System (EU ETS) declined by 11.4% (surpassing the 9% decrease seen in 2019). Aviation was even more acutely impacted. The risk of a rebound in emissions remains, and we must take further measures to bring ETS emissions onto a path to achieve climate neutrality. Reduced demand resulted in more allocations than emissions, but carbon prices recovered quickly. [2]
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/eu-emissions-trading-system-2021-trends-and-projections
[2] http://www.indiaenvironmentportal.org.in/files/file/the eu emissions trading system.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/european-environment-agency
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/eu-ets
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emissions-trading
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/electricity