General information and legislation
- Main website (EC)
- Directives, decisions and implementing regulations
- 2003/87
- 2009/29 => Phase III reform
- 2015/1814 => MSR, accompanying impact assessment SWD(2014) 17
- 2018/410 => Phase IV reform
- Implementing Regulation (EU) 2018/2066 => CCS in Article 49
- 2023/959 => ETS reform
- 2023 ETS reform package
- Upcoming reviews
- MSR: April 2026 (Article 3 in Decision (EU) 2015/1814)
- CDR Integration: 31 July 2026 (Article 30 par. 5)
- Linkages to other carbon markets: 31 July 2026 (Article 30i)
- Price development ETS2: 1 Jan 2028 (Article 30i)
- 45 EUR/ mechanism: before 2029 (Article 30h par. 5)
- Linking ETS1 and ETS2: 31 Oct 2031 (Article 30i)
Fit for 55 reform
- Council adopts key pieces of legislation delivering on 2030 climate targets [25 April 23]
- Fit for 55 Impact Assessment and accompanying Impact Assessment [14 July 2021]
- COM proposal with annex [does not seem to be publicly available anymore, accessed and archived on 16 August 2023]
- Policy scenarios and results (Excel files) for delivering the European Green Deal [17 September 2020]
Reports
- European Commission
- Cap 2020: 1 816 452 135 allowances [Table 1]
- Auctioned volume 2020: 778 505 000 [Table 3]
- Verified emissions from stationary installations 2020: 1355 Mt [Table 5]
- TNAC 2020: 1579 Mt [Figure 8]
- "Publication of the total number of allowances in circulation in 2021 for the purposes of the MSR"
- For the period up to 31 December 2021, the total number of allowances in circulation amounts to 1 449 214 182 allowances.
- For the period up to 31 December 2021, there were therefore 2 632 682 071 allowances in the Reserve.
- From 1 September 2022 to 31 August 2023 a total of 347 811 404 allowances will be placed in the Market Stability Reserve.
- 2022 Report
- "EU Climate Action Progress Report 2022"
- Auction revenues of EUR 31 billion in total [Figure 5]
- Of these EUR 31 billion, EUR 25 billion went directly to the 27 Member States. In 2021, they reported that an average of 76% of revenues was spent for climate and energy purposes, in line with an average of 75% over the 2013-2020 period (Figure 5). About 24% of Member State revenues are earmarked for specific climate and energy actions, 25% went into dedicated environmental funds and 51% went to national budgets.
- In 2021, several Member States also used their auction revenue to cushion the social impact of the energy price crisis.
- "Use of ETS auctioning revenues - Reporting year 2022"
- "Trends and projections in the EU ETS in 2021." (EEA)
- "Emission allowances and associated derivatives. Final Report." (ESMA)
- "Carbon Market Survey 2022" (Refinitiv)
- "2022 State of the EU ETS Report" (ERCST)
- Big spenders – Where does the EU channel its ETS revenues?
Data sources
- ETS Data Viewer (EEA) and Climate and Energy in the EU (EEA)
- EEX EUA Auction Calendar
- Carbon Price Viewer (Sandbag)
- ETS Info (J. Abrell)
- COT Reports (ESMA) (=> search for 'EUA' in 'Name of commodity derivative')
Tools and Infographics
Market Information
- Carbon Pulse
- Bloomberg
- Euractiv
