Image
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Official name of scheme

EU Emissions Trading System (EU ETS)

ETS Status
in force
Jurisdictions
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Start of operation (year)
2005
Sectoral coverage
Domestic Aviation
Industry
Power
Allocation
Auctioning; Free Allocation (Benchmarking)
Offsets and credits
Offsets and international credits can no longer be used from phase 4 (2021-2030)
Cap
1,597 MtCO2e (2021)
GHGs covered
CO2, N2O, PFCs
Average auction price (2021)
EUR 52.93 (USD 62.61)
Average secondary market price (2021)
EUR 54.76 (USD 64.77)
Total revenue since beginning
EUR 94 billion since 2013 (USD 118 billion)
Total revenue (2021)
EUR 31 billion (USD 37 billion)

General Information

Emissions & Targets

Size & Phases

Allowance Allocation & Revenue

Flexibility & Linking

Compliance

Market Regulation

Other Information