EU Emissions Trading System

URI: https://gptkb.org/entity/EU_Emissions_Trading_System

GPTKB entity

Statements (55)

Predicate	Object
gptkbp:instanceOf	gptkb:environmental_policy cap-and-trade system
gptkbp:abbreviation	gptkb:EU_ETS
gptkbp:administeredBy	gptkb:European_Parliament
gptkbp:auctioning	primary method of allocation
gptkbp:complianceEntities	power plants steel works glass production industrial facilities paper mills airlines chemical plants oil refineries aluminium production cement factories ceramics production aviation operators combustion installations district heating plants
gptkbp:compliancePeriod	annual
gptkbp:country	gptkb:European_Union
gptkbp:currency	gptkb:EU_Allowance_(EUA)
gptkbp:emissionsCap	declining annually
gptkbp:emissionsCoverage	over 40% of EU greenhouse gas emissions
gptkbp:freeAllocation	for certain sectors
gptkbp:hasSection	aviation power generation industrial production
gptkbp:hasTradingPairs	gptkb:European_Energy_Exchange gptkb:ICE_Futures_Europe
https://www.w3.org/2000/01/rdf-schema#label	EU Emissions Trading System
gptkbp:legislature	gptkb:EU_ETS_Directive_(2003/87/EC)
gptkbp:linkage	gptkb:Swiss_Emissions_Trading_System
gptkbp:market	cap-and-trade
gptkbp:mechanismOfAction	emissions allowances carbon trading
gptkbp:participants	over 10,000 installations
gptkbp:penalty	financial penalty
gptkbp:period	Phase I (2005–2007) Phase II (2008–2012) Phase III (2013–2020) Phase IV (2021–2030)
gptkbp:purpose	reduce greenhouse gas emissions
gptkbp:regulatedGases	carbon dioxide nitrous oxide perfluorocarbons
gptkbp:relatedTo	gptkb:Fit_for_55 gptkb:Paris_Agreement gptkb:Carbon_Border_Adjustment_Mechanism gptkb:European_Green_Deal
gptkbp:reviewedBy	gptkb:European_Environment_Agency
gptkbp:startYear	2005
gptkbp:website	https://ec.europa.eu/clima/policies/ets_en
gptkbp:bfsParent	gptkb:Directorate-General_for_Climate_Action
gptkbp:bfsLayer	6