Introduction, status-quo and future role of the EU ETS
EU ETS is the flagship of EU climate policy Cap and Trade system, that limits the overall volume of greenhouse gases that can be emitted each year Installed in 2005 to comply with commitments of Kyoto Treaty, the EU ETS entered into the 4th Trading Period in 2021. Operates in 31 countries (EU+EFTA+N eland) and regulates GHG -emissions 1 from