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The European Emissions Trading Scheme (EU ETS) will be aligned with the European climate protection target of reducing emissions by at least 55% by 2030 compared to 1990. In May and June 2023, the legal acts entered into force. Now the European Commission, in agreement with the member states, must draw up a variety of rules to implement the reform.
In order to achieve the EU's 2030 climate target, a reform of the EU Emissions Trading Scheme (EU ETS) is necessary. The amount of issued certificates is to be reduced and the financial support for climate protection measures expanded. In addition, maritime transport is to be covered by the EU ETS in future and a new emissions trading scheme for buildings and road transport is to be created.