The Commission launches a public consultation on the EU ETS, Market Stability Reserve, Innovation Fund, and Modernisation Fund ahead of 2026 reviews. Share your views on the future of EU carbon markets by 8 July 2025.
emission trading
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EU emissions under the Emissions Trading System (EU ETS) have now dropped by 50% compared to 2005, with 2024 seeing another 5% reduction. Driven by a surge in renewables, the power sector led the way—while aviation emissions rose and shipping joined the system for the first time.
