2024 Carbon Market Report: a stable and well-functioning market, driving emissions from power and industry installations to a historic reduction of 16.5%
The European Commission has adopted the Carbon Market Report, which analyses and presents the functioning of the EU Emissions Trading System (EU ETS) in 2023 and the first half of 2024. In 2023, the EU ETS was marked by a historical 16.5% reduction in emissions from stationary installations driven by the power sector. Renewable electricity production increased …