Emissions Trading System (EU ETS)

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)
+ limits emissions from more than 11,000 heavy energy-using installations (power stations & industrial plants) and airlines operating between these countries
+ covers around 45% of the EU's greenhouse gas emissions.

• Primary Source

IETA: The EU's Emissions Trading System: EU Position Papers http://www.ieta.org/EU-Position-Papers

Climate Action Network Europe (CAN Europe): Policy Work: EU Emission Trading System http://www.caneurope.org/policywork/issues/eu-ets

Wikipedia: European Union Emission Trading Scheme http://en.wikipedia.org/wiki/European_Union_Emission_Trading_Scheme

United Kingdom: GOV.UK: Tag: Climate change and energy: Emissions and emissions trading https://www.gov.uk/environmental-management/climate-change-energy

Carbon Trust: Tools, guides and reports http://www.carbontrust.com/resources/reports/advice/eu-ets-the-european-emissions-trading-scheme

United Kingdom: Department of Energy & Climate Change: Climate change: Greenhouse gas emissions https://www.gov.uk/government/policies/reducing-the-uk-s-greenhouse-gas-emissions-by-80-by-2050/supporting-pages/eu-emissions-trading-system-eu-ets

ESO: Find more information in ESO on this topic http://www.europeansources.info/advSearchLink?keyword=emissions%20trading%20system%20&searchOption=all

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