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Surplus emission permits start decreasing in the EU’s emissions trading system

The surplus of CO2 emission allowances in the European Union’s Emissions Trading System (ETS) started declining in 2015. This is the first significant decrease since unused allowances started accumulating in 2008. However, the surplus remains substantial, according to the European Environment Agency’s annual report on the EU’s emissions cap and trade system published today.

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Decommissioning fossil fuel power plants between now and 2030 essential for Europe’s low carbon future

Significant changes will be needed in the Member States’ energy-generating mix if the European Union is to meet its 2050 goal to cut greenhouse gas emissions by 80-95 % compared to 1990 levels, according to a new European Environment Agency (EEA) report published today. While the European Union has made considerable progress in improving energy efficiency and using renewable energy sources, a well-planned transition out of carbon-intensive power generation is needed to meet the long-term aim of creating a low-carbon society.

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Electric vehicles will help the shift toward EU's green transport future

A large scale roll-out of electric cars on European roads would result in significantly lower greenhouse gas emissions and lower levels of certain air pollutants, according to a European Environment Agency (EEA) assessment released today. However, widespread use of such vehicles would pose challenges for Europe’s power grid in meeting increased electricity demand.

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Europe reduced use of ozone layer-harming chemicals in 2015

Chemicals which harm the ozone layer continue to be phased out in the European Union. In 2015, consumption of these chemicals reached its lowest level since 2006, partly due to a drop in imports according to a new report from the European Environment Agency (EEA).

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Designing tax systems for a green economy transition

Environmental taxes can contribute to a healthier planet and healthier people. They also spur jobs and growth, are easy to administer and difficult to evade. However, meeting EU climate and other environmental policy targets will erode the existing base for these sort of taxes. This and other systemic factors have implications for the design of future tax systems in Europe, according to an EEA report published today.

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European Environment Agency (EEA)
Kongens Nytorv 6
1050 Copenhagen K
Denmark
Phone: +45 3336 7100