Briefing

The EU Emissions Trading System in 2021: trends and projections

Briefing Published 12 Jan 2022 Last modified 07 Feb 2023

9 min read

Photo: © Arif Miletli, Sustainably Yours /EEA

The COVID-19 pandemic has had a profound impact on carbon emissions in Europe. In 2020, emissions from stationary installations covered by the EU Emissions Trading System (EU ETS) declined by 11.4% (surpassing the 9% decrease seen in 2019). Aviation was even more acutely impacted. The risk of a rebound in emissions remains, and we must take further measures to bring ETS emissions onto a path to achieve climate neutrality. Reduced demand resulted in more allocations than emissions, but carbon prices recovered quickly.

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Disclaimer

The country assessments are the sole responsibility of the EEA member and cooperating countries supported by the EEA through guidance, translation and editing.

For references, please go to https://eea.europa.eu./publications/the-eu-emissions-trading-system-2/the-eu-emissions-trading-system or scan the QR code.

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