EU ETS carbon market emissions rose overall by 0.3% in 2017 – but those from aircraft (intra-European) rose by 5%
Final data from the European Commission show that carbon dioxide emissions from all operators covered by Europe’s Emission Trading System (ETS) rose by around 0.3% in 2017, compared with 2016. This was the first rise in emissions regulated under Europe’s carbon market in 7 years. Preliminary data was released in April. Verified emissions from stationary installations amounted to 1.753 billion tonnes of CO2-equivalent in 2017, which is 0.25% higher than in 2016. Verified emissions from aircraft operators amounted to 64.2 million tonnes of CO2-equivalent last year, nearly 5% higher than in 2016. These are just the carbon emissions from flights within Europe, not flights coming into Europe, or those going from European countries elsewhere. The cap-and-trade system is the EU’s flagship tool for reducing greenhouse gases and meeting its climate goals by regulating emissions at some 12,000 airlines, industrial and power installations.
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EU ETS carbon market emissions rose overall by 0.3% in 2017 – but those from aircraft (intra-European) rose by 5%
LONDON, May 18 (Reuters)
* Carbon dioxide emissions from all operators covered by Europe’s Emission Trading System (ETS) rose by around 0.3% in 2017, compared with the previous year, final data from the European Commission shows
* This was the first rise in emissions regulated under Europe’s carbon market in seven years
* Preliminary data was released in April
* Verified emissions from stationary installations amounted to 1.753 billion tonnes of CO2-equivalent in 2017, the Commission said, 0.25 percent higher than in 2016
* Verified emissions from aircraft operators amounted to 64.2 million tonnes of CO2-equivalent last year, nearly 5% higher than in 2016
* The cap-and-trade system is the EU’s flagship tool for reducing greenhouse gases and meeting its climate goals by regulating emissions at some 12,000 airlines, industrial and power installations.
(Reporting by Nina Chestney; Editing by Mark Potter)
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