european union emissions trading scheme (eu ets)
The European Union Emissions Trading Scheme (EU ETS) is a market-based mechanism established by the European Union to limit carbon dioxide (CO2) emissions from industries that contribute to climate change. It places a cap on the amount of CO2 that participating industries can emit and allows them to trade their emissions allowances, incentivizing pollution reduction efforts and promoting a sustainable transition to a low-carbon economy.
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- emission allowances
- emission trading
- emission trading schemes
- emission trading systems
- emissions allowances
- emissions reduction targets
- emissions tracking
- emissions trading
- emissions trading schemes
- emissions trading systems
- eu emissions trading scheme
- european union
- european union air quality directives
- regional emissions trading systems
- vehicle emissions standards