Press Release: Emissions trading: 2012 saw continuing decline in emissions but growing surplus of allowances

Emissions of greenhouse gases from installations participating in the EU Emissions Trading System (EU ETS) decreased by 2% in 2012, according to the information recorded in the EU'sUnion Registry issued in May 2013.

Accurate accounting for all allowances issued under the EU emissions trading system (EU ETS) is ensured by the Union registry. The registry keeps track of the ownership of allowances held in electronic accounts in the same way as a bank has a record of all its customers and their money.

The Union registry is an online database that holds accounts for stationary installations which have been transferred from national registries, as well as accounts for aircraft operators, which have been included in the EU ETS since January 2012.

ESO: Background Information: Commission welcomes adoption of climate and energy package http://www.europeansources.info/record/press-release-climate-change-commission-welcomes-final-adoption-of-europes-climate-and-energy-package/

ESO: Key source: Emissions Trading System (EU ETS) http://www.europeansources.info/record/emissions-trading-system-eu-ets/

European Commission: DG Climate Action: Policies: Emissions Trading System: Union Registry http://ec.europa.eu/clima/policies/ets/registry/index_en.htm

ESO: Background Information: Barroso urged to take a stand on EU carbon market fix http://www.europeansources.info/record/barroso-urged-to-take-a-stand-on-eu-carbon-market-fix/

---