The EU Emissions Trading System in 2021: trends and projections

Author (Corporate)
Publisher
Series Title
Series Details 17/2021, Number 17
Publication Date January 2022
ISBN 978-92-9480-417-4
ISSN 2467-3196
Content Type

Summary:

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.

 
Source Link Link to Main Source https://www.eea.europa.eu/publications/the-eu-emissions-trading-system-2/the-eu-emissions-trading-system
Alternative sources
  • https://www.doi.org/10.2800/897551
Related Links
Official
European Environment Agency (EU EEA): News, 12/01/2022: EU ETS emissions continued to decline during the Covid-19 pandemic https://www.eea.europa.eu/highlights/eu-ets-emissions-continue
Subject Categories , ,
Subject Tags
International Organisations