Feature Report: The Long Road to Carbon Pricing

6 items of content in this feature report



The European Carbon Emissions Trading Scheme

In 2005, the European Union introduced the first carbon market, which remains the largest emissions trading scheme in the world, covering almost 50% of Europe’s CO2 emissions. Although it may at first seem complex, the way it works is explained here using just a few images, in a video put together by IFP Énergies Nouvelles, the French Environment and Energy Management Agency (ADEME) and CDC-Climat-Recherche.