European Union Emissions Trading System
GPTKB entity
Statements (52)
Predicate | Object |
---|---|
gptkbp:instanceOf |
European Union law
cap and trade system carbon market |
gptkbp:abbreviation |
gptkb:EU_ETS
|
gptkbp:administeredBy |
gptkb:European_Parliament
|
gptkbp:allocates |
auctioning
free allocation |
gptkbp:appliesTo |
gptkb:energy
gptkb:textile_industry power plants steel works industrial plants airlines chemical plants pulp and paper industry oil refineries cement factories aluminum industry aviation sector |
gptkbp:compliancePeriod |
annual
|
gptkbp:covers |
gptkb:Iceland
gptkb:Liechtenstein gptkb:Norway European Union member states |
gptkbp:currency |
gptkb:EU_Allowance_(EUA)
|
gptkbp:goal |
reduce greenhouse gas emissions
combat climate change meet Kyoto Protocol commitments meet Paris Agreement targets |
gptkbp:hasTradingPairs |
gptkb:European_Energy_Exchange
gptkb:ICE_Futures_Europe |
https://www.w3.org/2000/01/rdf-schema#label |
European Union Emissions Trading System
|
gptkbp:introducedIn |
2005
|
gptkbp:market |
cap and trade
|
gptkbp:penalty |
€100 per excess tonne
|
gptkbp:period |
Phase I (2005–2007)
Phase II (2008–2012) Phase III (2013–2020) Phase IV (2021–2030) |
gptkbp:regulates |
greenhouse gas emissions
carbon dioxide emissions nitrous oxide emissions perfluorocarbons emissions |
gptkbp:relatedTo |
gptkb:Fit_for_55_package
gptkb:Carbon_Border_Adjustment_Mechanism gptkb:EU_Green_Deal carbon pricing |
gptkbp:website |
https://ec.europa.eu/clima/policies/ets_en
|
gptkbp:bfsParent |
gptkb:cap-and-trade_program
gptkb:Emissions_Trading gptkb:Carbon_Market |
gptkbp:bfsLayer |
7
|