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Surplus emission permits start decreasing in the EU’s emissions trading system

News Published 17 Oct 2016 Last modified 23 Nov 2020

2 min read

Photo: © Nivellen77 (www.istockphoto.com)

The surplus of CO2 emission allowances in the European Union’s Emissions Trading System (ETS) started declining in 2015. This is the first significant decrease since unused allowances started accumulating in 2008. However, the surplus remains substantial, according to the European Environment Agency’s annual report on the EU’s emissions cap and trade system published today.