EU ETS
The European Union Emissions Trading System is a carbon emission trading scheme that began in 2005 and is intended to lower greenhouse gas emissions in the EU. Cap and trade schemes limit emissions of specified pollutants over an area and make polluters pay for their pollution, requiring them to buy allowances to emit enough to cover their emissions, from the EU or from other companies. The money is channeled to environmental and social goals. As of 2026 the ETS covers around 40% of the EU's greenhouse gas emissions. The cap decline gradually and should reach zero by 2039. After this year no more allowances will be distributed and when the unused allowances will end, no more emissions will be permitted.
Beyond's analysis on EU ETS
- — Assocarta warns that the upcoming EU ETS expansion will double production costs for Italy's paper sector
- — Gozzi urges EU ETS reform to shield Brescia industry from soaring energy bills
- — Airlines will face millions of additional costs due to scarce carbon credits, with Emirates likely hit hardest because of its long‑haul network
- — Europe’s push to marry climate goals with industrial competitiveness hinges on the forthcoming EU ETS reform
- — Messina challenges EU ETS maritime tax, urging revision