Brussels: The European Commission stated today that carbon dioxide emissions regulated under the European Union Emissions Trading System (EU ETS) decreased by 1.3 percent in 2025, keeping the bloc on track to achieve its 2030 target of a 62 percent reduction.
According to Emirates News Agency, approximately 45 percent of the European Union's greenhouse gas emissions are covered by the EU ETS, which serves as the 27-nation bloc's primary scheme to combat global warming by charging for carbon dioxide emissions.
Under the EU ETS, manufacturing, power, and aviation companies are required to pay for the carbon dioxide they emit. This scheme plays a crucial role in the European Union's effort to reduce its carbon footprint and meet its environmental targets.