The Emissions Trading Scheme (EU ETS) is the main tool of the EU for mitigating the impacts of climate change and reducing greenhouse gas emissions.
It was adopted by Directive 2003/87/EC of the European Parliament and adopts the EU Emissions Trading System to effectively fulfill the European Union's commitments to reduce greenhouse gas emissions.
EU ETS reduces emissions from fixed, energy-intensive installations (power stations and industrial installations). Since 2012, the CO2 emissions of all domestic and international flights departing or landing at European airports have been covered by EU ETS.
For more information on the Emissions Trading Scheme (EU ETS) visit FAQs