"The preliminary 2023 data shows that “ETS #emissions are now around 47% below 2005 levels and well on track to achieve the 2030 target of -62%,” the Commission said.
The #ETS regulated about 45 percent of the bloc's total greenhouse gas emissions in 2023, covering energy-intensive industries, power plants and some flights within #Europe. The scheme, which charges a price for licenses to pollute, expanded in 2024 to also cover #shipping emissions. "