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Trends in the Emissions Trading System in the European Union, 2005–2024

The report analyses emission trends in the sectors covered by the EU Emissions Trading System (EU ETS) over the period 2005–2024, at the EU-27 level, comparing member states’ performance. The analysis is based on the latest data published in 2025 by the EU Registry and the European Environment Agency.

Key findings of the reports include:

  • Emissions from the electricity & heat production and energy-intensive industry sectors decreased by 51.2% between 2005 and 2024, keeping the EU-27 well on track towards the -62% target for 2030. Emission reductions were primarily driven by Luxembourg, Portugal, and Denmark, while Cyprus, Sweden, and Poland had the poorest performances.
  • Between 2023-2024, a 5.2% decrease was recorded in all three ETS sectors (electricity and heat production; energy-intensive industry; and aviation), despite emissions increasing in seven member states.
  • An all-time low in emissions was recorded in both electricity and heat production (574.7 million tons) and industry (430.6 million tons). Nonetheless, emissions from industry decreased by a mere 1.1% compared to 2023, whereas the electricity and heat production achieved an impressive drop (-9.7%). Aviation emissions remain on an upward trend (+15.1% compared to 2023), approaching pre-pandemic levels.
  • In 2024, the cumulative emissions from all three sectors reached a 20-year low at 1,065.6 million tons. Four countries (Germany, Poland, Italy, and Spain) were the largest contributors.
  • For the first time in 2024, emissions from the shipping sector were recorded, amounting to 62.2 million tons. Greece led in emissions, followed by Italy and Spain.
  • With regard to the top three polluting industrial sectors, emission reductions in the cement industry (-4.7%) and refineries (-2%) were primarily driven by, Germany and France, while Czechia and Italy contributed the most to reducing emissions from the steel industry (-1.2%).
  • In 2024, the EU-27 industry was subsidised by €27.24 billion (420.78 million free emission allowances; this figure corresponds to 70% of the auction revenues received by all Member States in that year.