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European Union Emissions Trading System

The European Union Emissions Trading System (EU ETS) is a carbon emission trading scheme (or cap and trade scheme) that began in 2005 and is intended to lower greenhouse gas emissions in the EU. Cap and trade schemes limit emissions of specified pollutants over an area and make polluters pay for their pollution, requiring them to buy allowances to emit…

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Overview

Setup

History

Mechanisms

Phase I 2005–2007

Phase II 2008–12

Phase III 2013–2020

Phase IV 2021–2030

Costs

Carbon Border Adjustment Mechanism (CBAM)

Inclusion of sinks

  • Sinks Carbon dioxide sink

ETS related crime

Views on the EU ETS

Offsetting

Criticism

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Map overview Semantic statistics

European Union Emissions Trading System

Nodes157
Edges156
Triples18
Avg. degree1.99
Density0.012739
Components1

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European Union Emissions Trading System

Top relations

related to Overall emission reductions · 6
European Union Emissions Trading System → According, CO2, EU ETS, European Commission, European Union Emissions Trading, System

Important terminology Word statistics

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Important terminology

eu ets emissions allowances carbon european phase trading price co2 emission 2005 market commission scheme 2008 member system countries reduction

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
the pre-existing United Nations Framework Convention on Climate Changeinstance ofMechanismsThe first phase of EU ETS was created to operate apart from international climate change treaties0.80text
Emission Reduction Units from JIinstance ofthe use of offsets0.80text
Certified Emission Reductions from CDM projects was allowedinstance ofthe use of offsets0.80text
with the result that the EU would be able to meet the Phase II cap by importing units instead of reducing emissionsinstance ofthe use of offsets0.80text
banking of allowancesinstance ofmeasures0.80text
auctioninginstance ofmeasures0.80text
and price floors were considered to mitigate volatilityinstance ofmeasures0.80text
additionalityinstance ofThis is a way to avoid several problems of CDM and JI0.80text
measurementinstance ofThis is a way to avoid several problems of CDM and JI0.80text
leakageinstance ofThis is a way to avoid several problems of CDM and JI0.80text
permanenceinstance ofThis is a way to avoid several problems of CDM and JI0.80text
and verificationinstance ofThis is a way to avoid several problems of CDM and JI0.80text

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