News from 06.07.2023 | Last changed: 18.12.2023
European emissions trading undergoes comprehensive reform
… allocation and the use of auctioning revenues in the existing emissions trading system (EU-ETS 1). Introduction of a carbon border adjustment mechanism (CBAM) … 1 Reform of the rules for aviation (EU-ETS 1) Creation of a new emissions trading system for buildings, road transport and additional sectors (EU-ETS 2) These changes … allocation and the use of auctioning revenues in the existing emissions trading system Emissions in the existing EU-ETS 1 will be reduced by 62 percent by 2030 …