What is the EU Emission Trading Scheme?

The EU Emission Trading Scheme, or the EU ETS, is a system that European governments use to support their commitments to reducing greenhouse gas emissions. It limits carbon dioxide emissions from a range of industries, including power generation, offshore extraction, cement production, iron and steel, paper and pulp and chemical processing. Carbon Retirement buys credits out of the EU ETS. You can read more about it on out our page about the EU ETS.