|Author (Corporate)||European Commission: DG Climate Action|
|Content Type||Key Source, Policy-making, Website|
The EU emissions trading system (EU ETS) is a cornerstone of the European Union's policy to combat climate change and its key tool for reducing industrial greenhouse gas emissions cost-effectively. The first - and still by far the biggest - international system for trading greenhouse gas emission allowances.
The EU ETS:
+ operates in 31 countries (all 28 EU countries plus Iceland, Liechtenstein and Norway)
|Countries / Regions||Europe|