4 Benefits of cap-and-trade 5 History of the EU ETS 7 EU legislative structure and the EU ETS 9 How does the EU ETS contribute to meeting the EU’s climate policy goals? The EU Emissions Trading System in 2019: trends and projections The European Union (EU) Emissions Trading System (ETS) governs about 40 % of total EU greenhouse gas emissions. 4 Benefits of cap-and-trade 5 History of the EU ETS 7 EU legislative structure and the EU ETS 9 How does the EU ETS contribute to meeting the EU’s climate policy goals? 1/138 Contents Using the guide 3 What is the EU ETS? The European Union (EU) Emissions Trading System (ETS) governs about 40 % of total EU greenhouse gas emissions. 12 How does the EU ETS contribute to a competitive economy?

Product benchmarks are not differentiated by technology, fuel mix, size, age, climatic circumstances or raw material quality of the installations producing the product. ETS Handbook 1. EU communication campaign on climate action desktop version (80 Mb) mobile version (14 Mb) Environment for Europeans; Climate change: Key terms in 23 languages; EU Emissions Trading System. 1/138 Contents Using the guide 3 What is the EU ETS? 14 How does the EU ETS work? The Handbook is available in five languages: English, Chinese, Spanish, Turkish, Ukrainian. It sets a cap on emissions from industrial activities (e.g. Where product benchmark is not possible fall-back benchmarks based on heat production or fuel consumption are used. power and heat production, cement production, iron and steel production and oil refining), as well as aviation. power and heat production, cement production, iron and steel production and oil refining), as well as aviation. Adaptation to climate change 14 Apr 2016 - EU ETS data download 09 Oct 2015 - EU ETS data download (latest version) Document Actions 12 How does the EU ETS contribute to a competitive economy?

It sets a cap on emissions from industrial activities (e.g. EU ETS Handbook; The EU Emissions Trading System (EU ETS) The EU ETS is delivering emission cuts; Adaptation to climate change. Climate Action ©iStock EU ETS Handbook 2. EU ETS Handbook. 14 How does the EU ETS work? The Handbook synthesizes input from over 100 practitioners and experts from four continents, reflecting both the latest theoretical insights and best practices from existing ETS.