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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

European emissions trading: lower emissions in 2013, but still a surplus of allowances

11:03 AM MDT | May 16, 2014 | Michael Ravenscroft

The European Commission says that emissions of greenhouse gases (GHG) from installations participating in the European Union Emissions Trading System (EU ETS) are estimated to have decreased by at least 3% in 2013. The EU ETS covers more than 12,000 power plants and manufacturing installations in the 28 EU member states, Iceland, Norway, and Lichtenstein, as well as emissions from aircraft flying between European airports. The third EU ETS trading period started in 2013 and will run until 2020. Verified emissions of GHGs from stationary installations...

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