EU ETS

GPTKB entity

Statements (69)
Predicate Object
gptkbp:instanceOf emissions trading system
gptkbp:abbreviation gptkb:EU_ETS
gptkbp:administeredBy gptkb:European_Parliament
gptkbp:allocates auctioning
free allocation
gptkbp:allowanceUnit 1 tonne CO2 equivalent
gptkbp:auctionRevenueUse climate action
energy transition
gptkbp:capAndTrade true
gptkbp:complianceEntities airlines
installations
gptkbp:complianceMechanism MRV (Monitoring, Reporting, Verification)
gptkbp:complianceObligation surrender allowances equal to emissions
gptkbp:compliancePeriod annual
gptkbp:complianceYear April 30
gptkbp:connectsTo Swiss ETS
gptkbp:country gptkb:European_Union
gptkbp:covers gptkb:N2O
CO2
PFCs
gptkbp:currency gptkb:EU_Allowance_(EUA)
gptkbp:emissionsCap decreasing annually
gptkbp:emissionsReductionTarget -62% by 2030 (from 2005 levels)
gptkbp:excludes agriculture
waste management
road transport
gptkbp:expansion buildings (proposed)
maritime transport (planned)
road transport (proposed)
gptkbp:fullName gptkb:European_Union_Emissions_Trading_System
gptkbp:hasTradingPairs gptkb:European_Energy_Exchange
gptkb:ICE_Futures_Europe
https://www.w3.org/2000/01/rdf-schema#label EU ETS
gptkbp:language gptkb:French
gptkb:German
English
all EU official languages
gptkbp:legalBasis EU Directive 2003/87/EC
gptkbp:market carbon market
gptkbp:marketStabilityReserve yes
gptkbp:marketStabilityReserveStart 2019
gptkbp:monitors national authorities
gptkbp:offsetsAllowed limited
gptkbp:offsetType gptkb:CERs
ERUs
gptkbp:participants over 11,000 installations
gptkbp:penalty financial penalty
gptkbp:penaltyPerExcessTonne 100 EUR
gptkbp:period gptkb:Phase_I
Phase II
Phase III
Phase IV
gptkbp:phaseStart Phase I: 2005
Phase II: 2008
Phase III: 2013
Phase IV: 2021
gptkbp:purpose reduce greenhouse gas emissions
gptkbp:regulates greenhouse gas emissions
gptkbp:relatedTo gptkb:Paris_Agreement
gptkb:Kyoto_Protocol
gptkbp:reviewedBy gptkb:European_Environment_Agency
gptkbp:sector aviation
power generation
industrial production
gptkbp:startDate 2005
gptkbp:updated gptkb:EU_Green_Deal
gptkbp:website https://ec.europa.eu/clima/policies/ets_en
gptkbp:bfsParent gptkb:EU_Emissions_Trading_System
gptkbp:bfsLayer 7