EU Emissions Trading System
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Environmental policy - emissions - EU.
(EU ETS).
The European Union Emissions Trading System is a mandatory cap and trade scheme that requires Europe's heavy industries and power generators, as the continent's major emitters of carbon dioxide, to monitor and report annually on their carbon dioxide emissions and to purchase and return an amount of emissions allowances to the government that represents each year's carbon dioxide output.
See also
- Cap and trade
- Carbon Border Adjustment Mechanism
- Carbon trading
- Emission trading scheme
- Streamlined Energy and Carbon Reporting
- UK Emissions Trading Scheme (UK ETS)
