The surplus of CO2 emission allowances in the European Union’s Emissions Trading System (ETS) started declining in 2015. This is the first significant decrease since unused allowances started accumulating in 2008. However, the surplus remains substantial, according to the European Environment Agency’s annual report on the EU’s emissions cap and trade system published today.
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This article by Cornelis Brand originally appeared on eea.europa.eu on October 17, 2016 at 02:00PM eea.europa.eu
