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The European Union Emission Trading Scheme (EU ETS) began trading in January 2005 and has become the successful model for other regional environmental trading systems.
More than 10,000 installations in 27 countries are part of the compliance programme with approximately 2 billion allowances in circulation. European Union Allowances, or EUAs, are carbon credits issued under the EU Emission Trading Scheme (EU ETS) to CO2-emitting installations. The current compliance sectors include power and heat, oil and gas, cement, lime and glass, metals and installations generating more than 20 MW of power.
New industries including aviation will be incorporated from 2012 onwards. EUAs issued to installations are held in the electronic accounts of each EU-27 Member State's National Registry. All EU registries are overseen by the EU-wide Community Independent Transaction Log, which tracks any transfers of EUAs.
Trading Solutions in Focus
Additional risk management services to help you manage the cost of emissions compliance.