Press Release: Emissions trading: EU ETS emissions fall 3 % in 2008

Emissions of greenhouse gases from EU businesses participating in the EU Emissions Trading System (EU ETS) fell 3,06 % in 2008 compared with a year earlier, according to the information provided by Member State registries. With the 6.5% reduction in emission allowances that the Commission secured for the second trading period, the EU ETS really started to make a difference to emissions in 2008. Last year marked the beginning of the second trading period of the EU ETS, which runs from 2008 to 2012.