The EU ETS has already proven to be an effective tool in helping drive emissions reductions cost-effectively. The EU ETS will contribute to delivering this target.īy 2030, the cap on emissions from sectors covered by the EU ETS is set to decrease by 62% compared to 2005 levels. As a first milestone, the EU is aiming to reduce net emissions by at least 55% by 2030 compared to 1990. Under the European Climate Law, EU Member States will work collectively to become climate neutral by 2050. As of 1 January 2019, aircraft operators are required to monitor and report their emissions also for the European Economic Area. in the aviation sector, until at least 31 December 2026 the EU ETS will apply only to flights between airports located in the European Economic Area.certain small installations can be excluded if governments put in place fiscal or other measures that will cut their emissions by an equivalent amount,.in some sectors, only operators above a certain size are included,. ![]() Participation in the EU ETS is mandatory for companies in these sectors, but:
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