European Union Emission Trading System (EU-ETS) revenues reached a record high of 47.4 billion U.S. dollars in 2023. This accounted for around 63 percent of global emissions trading revenues that year. EU-ETS revenues from the auctioning of allowances has increased considerably in recent years, owing to factors like rising prices. EU ETS revenues go toward various end uses, including renewable energy development, low-carbon transportation, and improving energy efficiency.
Revenue generated by the European Union Emission Trading System (EU-ETS) from 2008 to 2023
(in million U.S. dollars)
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World Bank. (May 21, 2024). Revenue generated by the European Union Emission Trading System (EU-ETS) from 2008 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1326984/european-union-ets-revenue/
World Bank. "Revenue generated by the European Union Emission Trading System (EU-ETS) from 2008 to 2023 (in million U.S. dollars)." Chart. May 21, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1326984/european-union-ets-revenue/
World Bank. (2024). Revenue generated by the European Union Emission Trading System (EU-ETS) from 2008 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1326984/european-union-ets-revenue/
World Bank. "Revenue Generated by The European Union Emission Trading System (Eu-ets) from 2008 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 21 May 2024, https://www.statista.com/statistics/1326984/european-union-ets-revenue/
World Bank, Revenue generated by the European Union Emission Trading System (EU-ETS) from 2008 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1326984/european-union-ets-revenue/ (last visited November 21, 2024)
Revenue generated by the European Union Emission Trading System (EU-ETS) from 2008 to 2023 (in million U.S. dollars) [Graph], World Bank, May 21, 2024. [Online]. Available: https://www.statista.com/statistics/1326984/european-union-ets-revenue/