EU Carbon Market Cuts Emissions Nearly in Half After 20 Years - The Arabian Stories News
7 Articles
7 Articles
Emissions trading is designed to reduce greenhouse gases harmful to climate change. For the Federal Environment Agency, trade is a success in European climate protection.
Since the introduction of the European Emissions Trading Scheme 20 years ago, climate-damaging emissions have fallen significantly. The EU is planning to further reduce the value in the future with another instrument.
© Henrik Dolle / Adobe Stock Thanks to EU emissions trading and energy transition: Germany's CO2 emissions halved – despite growing economic power since 2005.
The positive development is reflected in emissions trading, even if some sectors are developing against the trend. Globally, too little is still moving. (Climate crisis, energy transition)
CO2 emissions in EU emissions trading have been halved since the introduction 20 years ago, reports the UBA. But the balance sheet has shadows.
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