Free allowances in the EU-ETS are to be phased out gradually from 2026 and will end by 2034. These free allowances are to be replaced with the world's first carbon border levy, which will take effect in 2026. The newly adopted carbon border adjustment mechanism (CBAM) will initially apply to imports of several carbon intensive products that are at the most risk of carbon leakage, such as iron and steel, cement, aluminum, and electricity, therefore making foreign firms and competitors pay the same carbon price as European industries. The CBAM phase-in plan will cease EU-ETS freely allocated allowances over a nine-year period.
Pathway of EU ETS free allowances phase-out and Carbon Border Adjustment Mechanism (CBAM) phase-in from 2025 to 2034 (in percent)
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Other statistics that may interest you European Union Emissions Trading System (EU ETS)
Overview
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- Premium Statistic Largest carbon trading markets by scope 2024
- Premium Statistic Global carbon market value 2023, by key market
- Premium Statistic Breakdown of global carbon market size 2023, by market
- Premium Statistic Prices of carbon trading worldwide 2023, by jurisdiction
- Premium Statistic Global Emission Trading Systems (ETS) revenues 2023, by jurisdiction
Allowances
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- Premium Statistic EU ETS allocated allowances and emissions for stationary installations 2005-2024
- Premium Statistic EU ETS allowances allocated and sold for stationary installations 2013-2024
- Premium Statistic Freely allocated allowances for EU ETS stationary installations 2024, by country
- Premium Statistic EU ETS allowances auctioned or sold for stationary installations 2023, by country
- Premium Statistic EU ETS aviation allowances freely allocated, auctioned, or sold 2012-2023
Emissions
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- Premium Statistic EU ETS verified emissions from all stationary installations 2005-2023
- Premium Statistic Verified emissions under EU ETS 2005-2023, by sector
- Premium Statistic Verified emissions under EU ETS 2023, by select activity
- Premium Statistic Change in EU ETS emissions in Europe 2005-2023, by main sector
- Basic Statistic EU ETS emissions from all stationary installations 2023, by country
- Premium Statistic GHG emissions from the most carbon polluting airlines in the EU 2012-2023
Financials
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- Premium Statistic Average annual EU-ETS emissions allowance prices 2020-2023
- Premium Statistic EU-ETS allowance prices in the European Union 2022-2024
- Premium Statistic European Union Emission Trading Systems (ETS) revenue 2008-2022
- Basic Statistic Breakdown of auction revenue expenditure shares from EU-ETS 2022, by end use
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Outlook
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- Premium Statistic EU-ETS carbon price forecasts 2024-2035
- Premium Statistic ETS emissions cap for stationary installations in the EU-27 2010-2030
- Premium Statistic EU-ETS phase-out and CBAM phase-in outlook 2025-2034
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- Premium Statistic Perceptions on the capacity of the EU ETS to drive decarbonization 2022-2024
Further Content: You might find this interesting as well
International Carbon Action Partnership. (May 3, 2023). Pathway of EU ETS free allowances phase-out and Carbon Border Adjustment Mechanism (CBAM) phase-in from 2025 to 2034 (in percent) [Graph]. In Statista. Retrieved May 16, 2024, from https://www.statista.com/statistics/1401673/eu-ets-free-allowance-cbam-pathway/
International Carbon Action Partnership. "Pathway of EU ETS free allowances phase-out and Carbon Border Adjustment Mechanism (CBAM) phase-in from 2025 to 2034 (in percent)." Chart. May 3, 2023. Statista. Accessed May 16, 2024. https://www.statista.com/statistics/1401673/eu-ets-free-allowance-cbam-pathway/
International Carbon Action Partnership. (2023). Pathway of EU ETS free allowances phase-out and Carbon Border Adjustment Mechanism (CBAM) phase-in from 2025 to 2034 (in percent). Statista. Statista Inc.. Accessed: May 16, 2024. https://www.statista.com/statistics/1401673/eu-ets-free-allowance-cbam-pathway/
International Carbon Action Partnership. "Pathway of Eu Ets Free Allowances Phase-out and Carbon Border Adjustment Mechanism (Cbam) Phase-in from 2025 to 2034 (in Percent)." Statista, Statista Inc., 3 May 2023, https://www.statista.com/statistics/1401673/eu-ets-free-allowance-cbam-pathway/
International Carbon Action Partnership, Pathway of EU ETS free allowances phase-out and Carbon Border Adjustment Mechanism (CBAM) phase-in from 2025 to 2034 (in percent) Statista, https://www.statista.com/statistics/1401673/eu-ets-free-allowance-cbam-pathway/ (last visited May 16, 2024)
Pathway of EU ETS free allowances phase-out and Carbon Border Adjustment Mechanism (CBAM) phase-in from 2025 to 2034 (in percent) [Graph], International Carbon Action Partnership, May 3, 2023. [Online]. Available: https://www.statista.com/statistics/1401673/eu-ets-free-allowance-cbam-pathway/