Navigation path

Left navigation

Additional tools

Emissions trading: strong compliance in 2006, emissions decoupled from economic growth

European Commission - IP/07/776   07/06/2007

Other available languages: FR DE

IP/07/776

Brussels, 7 June 2007

Emissions trading: strong compliance in 2006, emissions decoupled from economic growth

Carbon dioxide (CO2) emissions from installations participating in the EU Emissions Trading Scheme (EU ETS) increased by 0.3% in 2006 when adjusted for the entry of new installations into the scheme. This is well below the 3% growth in EU Gross Domestic Product recorded last year. Based on the information received by the Community Independent Transaction Log (CITL) from Member State registries, all but 1% of installations surrendered emission allowances equal to their verified 2006 emissions by the 1 May deadline. The Emissions Trading Scheme ensures that greenhouse gas emissions from the energy and industry sectors covered are cut at least cost to the economy, thus helping the EU and its Member States to meet their emission commitments under the Kyoto Protocol.

European Environment Commissioner Stavros Dimas commented: "It is very encouraging to see that the mechanics of the EU ETS are working well and that the vast majority of installations have complied with their obligation to surrender allowances. While emissions will not necessarily fall in each year of a trading period, it is important to note that the rise last year was very limited and far below the rate of economic growth. Furthermore, I am convinced that the strict caps we are putting on allowances for the second phase of the ETS starting next year will greatly contribute to cutting our emissions and help us reach our Kyoto targets. "

'Learning by doing'

Last year marked the middle year of the first EU ETS trading period, which started with the scheme's launch on 1 January 2005 and ends on 31 December this year. The initial trading period has been conceived as a "learning-by-doing" phase.

The second trading period will begin on 1 January 2008 and run for five years, coinciding with the period during which the Kyoto Protocol targets must be met.

2006 data

The EU ETS requires installations to submit their verified emissions data to Member State registries. This data is then put into the CITL.

The total amount of verified emissions from EU ETS installations in the EU-25 last year was 2.026 billion tonnes of CO2, 0.8% higher than the 2.010 billion tonnes recorded in 2005. Adjusted for the entry of more than 300 additional installations into the scheme since 2005, the increase in verified emissions from 2005 to 2006 was 0.3%.

Of the 10,605 installations participating in the scheme last year, 380 failed to meet a 1 May 2007 deadline to surrender a number of allowances equal to their verified emissions. These installations are typically small and their cumulative allocation represents only 1% of all allocations in the EU. About 160 of these installations complied during the course of May, reducing non-compliant installations' share of the total allocation to 0.2% currently.

The Commission plans to provide public reports on the compliance situation at installation level in each Member State in June.

Assessing overall impact of the scheme
A lack of independently verified emissions data for the years before the EU ETS was launched makes it difficult to measure the scheme's full impact on emissions. However, some early academic research indicates that emissions may have fallen by several per cent in 2005 compared with their level before the start of the EU ETS.

2005-2006 allocations, verified emissions and 2006 compliance in the EU ETS
(data from CITL, dated 1 May 2007)
MS
Verified emissions (1)
Annual average allocation in 2005-2007 (2)
Installations in compliance – 2006
Number of installations
2005
2006
% of number of installations
% of their allocation in total
2005(4)
2006 (5)
AT
33.372.841
32.382.819
32.900.512
100%
100%
199
197
BE
55.363.232
54.775.326
62.114.734
100%
100%
309
309
CY
5.078.877
5.259.273
5.701.075
100%
100%
13
13
CZ
82.454.636
83.624.960
97.267.991
100%
100%
395
405
DE
474.606.747
477.557.439
498.390.019
99%
100%
1.842
1.851
DK
26.475.718
34.199.588
33.499.530
100%
100%
380
388
EE
12.621.824
12.109.281
18.953.000
83%
24%
43
47
ES
183.620.415
178.603.427
178.838.295
97%
100%
800
944
FI
33.099.660
44.621.453
45.499.284
98%
100%
578
589
FR
131.271.511
123.291.801
154.909.186
89%
96%
1.084
1.089
GR
71.267.752
69.965.151
74.400.198
100%
100%
140
152
HU
26.039.009
25.834.714
31.660.904
99%
99%
229
239
IE
22.441.006
21.702.789
22.320.000
100%
100%
109
114
IT
225.875.412
227.074.462
223.070.435
91%
97%
943
996
LT
6.603.869
6.516.911
12.265.395
100%
100%
93
99
LU
2.603.349
2.712.972
3.358.323
100%
100%
15
15
LV
2.854.492
2.940.685
4.560.191
100%
100%
93
101
MT
n.a.
n.a.
762.822
n.a.
n.a.
n.a.
n.a.
NL
80.351.292
76.701.187
88.942.336
100%
100%
210
211
PL
202.315.622
208.625.209
237.838.568
93%
99%
817
817
PT
36.425.933
33.083.879
38.161.413
98%
100%
243
254
SE
19.381.682
19.880.711
23.209.832
96%
99%
705
730
SI
8.720.550
8.842.182
8.743.680
100%
100%
98
98
SK
25.231.769
25.543.243
30.489.902
100%
100%
175
173
UK
242.476.625
251.134.835
224.831.370
100%
100%
769
774
Total
2.010.553.823
2.026.984.297
2.152.688.994
96%
99%
10.282
10.605

(1) Verified emissions for all installations with open or closed accounts in CITL, as of 1 May 2007 (i.e. including new entrants and closed installations). As the CITL is constantly receiving information (including delayed verified emissions data, new entrants and closures), aggregations carried out after 1 May 2007 might give a different result.

(2) 2005-2007 annual average of allocation for installations with open or closed accounts plus annual average of allowances for auctioning and NE reserve

(4) Number of installations with open or closed accounts in the CITL on 1 May 2006 (for MS without operating registries at this date, an underlined figure shows the number of installations who have submitted 2005 verified emissions until 1 May 2007)

(5) Number of installations with open or closed accounts in the CITL on 1 May 2007 (Malta's registry is operational, but has no open accounts yet)


Side Bar

My account

Manage your searches and email notifications


Help us improve our website