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IP/08/787

Brussels, 23 May 2008

Emissions trading: 2007 verified emissions from EU ETS businesses

Overall emissions of CO2 from businesses in the EU Emissions Trading System (EU ETS) increased by 0.68% in 2007 when adjusted for changes in the number of installations covered, according to the information provided by Member State registries. While well below the 2.8% growth in the EU's Gross Domestic Product recorded last year, the slight increase in emissions underlines the need for the tighter emission caps that have been set for the 2008-2012 trading period.

European Environment Commissioner Stavros Dimas said: "Emissions trading is yielding results. Studies show that emissions would most likely have been significantly higher without the EU ETS. However, the small rise last year further confirms the need for a strict emission cap for the second trading period that started this January. This will help Europe to fight climate change effectively and reach its Kyoto emission targets."

First trading period concluded, second under way

The first trading period of the EU ETS, which was a "learning-by-doing" phase, started with the scheme's launch on 1 January 2005 and ended on 31 December 2007. The second trading period began on 1 January 2008 and runs for five years until 2012, coinciding with the period during which the EU Member States and other developed countries must meet their Kyoto Protocol targets for limiting or reducing greenhouse gas emissions.

Reporting requirements

Under the rules governing the EU ETS, installations are required to submit their verified emissions data to Member State registries, which in turn forward it to the Community Independent Transaction Log (CITL). For 2007, this data became publicly available on the CITL on 2 April 2008. From 15 May onwards the CITL also shows information on whether installations complied with their obligation to surrender an amount of allowances equal to last year's verified emissions.

2007 data

According to the information received by the CITL from national registries,[1] the total amount of verified emissions from EU ETS installations in the EU-25[2] (excluding Malta) in 2007 was 2.050 billion tonnes of CO2, 0.8% higher than the 2.034 billion tonnes recorded in 2006. However, when adjusted for the entry and closure of installations since 2006, which led to a net addition of 581 installations to the system, the overall emissions increase last year was only 0.68%. Of the 11,186 installations participating in the scheme last year, 68 failed to surrender enough allowances to cover their 2007 emissions by the 1 May 2008 deadline. These installations are typically small and collectively account for less than 0.08% of allowances allocated. The Commission will provide public reports on the compliance situation at installation level in each Member State in June.

2005-2007 allocations, verified emissions and 2007 compliance in the EU ETS excluding BU, RO and MT (1)
(data from CITL, dated 8 May 2008)
MS
Verified emissions (2)
Annual average allocation in 2005-2007 (3)
Number of installations
2.005
2.006
2.007
2005 (4)
2006 (5)
2007 (6)
AT
33.372.826
32.382.804
31.751.165
32.900.512
199
197
210
BE
55.363.223
54.775.314
52.795.318
62.114.734
309
309
309
CY
5.078.877
5.259.273
5.396.164
5.701.075
13
13
13
CZ
82.454.618
83.624.953
87.834.758
97.267.991
395
405
406
DE
474.990.760
478.016.581
487.004.055
498.390.019
1.842
1.851
1.915
DK
26.475.718
34.199.588
29.407.355
33.499.530
380
388
383
EE
12.621.817
12.109.278
15.329.931
18.953.000
43
47
47
ES
183.626.981
179.711.225
186.495.894
178.838.295
800
944
1.052
FI
33.099.625
44.621.411
42.541.327
45.499.284
578
589
607
FR
131.263.787
126.979.048
126.634.806
154.909.186
1.084
1.089
1.094
GR
71.267.736
69.965.145
72.717.006
74.400.198
140
152
153
HU
26.161.627
25.845.891
26.835.478
31.660.904
229
239
245
IE
22.441.000
21.705.328
21.246.117
22.320.000
109
114
113
IT
225.989.357
227.439.408
226.368.773
223.070.435
943
996
1.009
LT
6.603.869
6.516.911
5.998.744
12.265.395
93
99
101
LU
2.603.349
2.712.972
2.567.231
3.358.323
15
15
15
LV
2.854.481
2.940.680
2.849.203
4.560.191
93
101
93
NL
80.351.288
76.701.184
79.874.658
88.942.336
210
211
213
PL
203.149.562
209.616.285
209.601.993
237.838.568
817
817
869
PT
36.425.915
33.083.871
31.183.076
38.161.413
243
254
260
SE
19.381.623
19.884.147
15.348.209
23.209.832
705
730
755
SI
8.720.548
8.842.181
9.048.633
8.743.680
98
98
98
SK
25.231.767
25.543.239
24.516.830
30.489.902
175
173
169
UK
242.513.099
251.159.840
256.581.160
224.831.370
769
774
1.057
Total
2.012.043.453
2.033.636.557
2.049.927.884
2.151.926.173
10.282
10.605
11.186
 
(1) Bulgaria, Romania and Malta are not included in the table in order to allow for a proper comparison between the different years. Malta has yet to submit verified emissions for 2007, while Bulgaria and Romania only started participating in the EU ETS in 2007. Verified 2007 emissions in Romania were 69.604.599 tonnes, while no verified emissions data is yet available for Bulgaria

(2) Verified emissions for all installations with open or closed accounts in CITL, as of 8 May 2008 (i.e. including new entrants and closed installations). As the CITL is constantly receiving information (including corrections of verified emissions data, new entrants and closures), aggregations carried out after 8 May 2008 might give a different result.
 
(3) 2005-2007 annual average of allocation for installations with open or closed accounts plus annual average of allowances for auctioning and new entrants' 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 which submitted 2005 verified emissions by 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)
 
(6) Number of installations with open or closed accounts in the CITL on 8 May 2008


[1] The CITL regularly receives new information (including delayed verified emissions data, new entrants and closures) so the figures shown in the Annex may change over time.

[2] Malta has been delayed in submitting its 2007 emissions data. Data is given for EU-25 not EU-27 since Bulgaria and Romania joined the EU only in 2007 and thus did not participate in the EU ETS in 2006.


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