The EU - ETS is a cap - and - trade system,
covering energy intensive industries responsible for half the EU's emissions as well as aviation.
Not exact matches
Mr. McCoy said his members would prefer a binding international treaty that would
cover all nations, particularly those whose
industries compete with
energy -
intensive American manufacturers.
EUAs are the carbon allowances that serve as the unit of compliance under the European emissions - trading scheme (EU - ETS), with each EUA entitling the
energy -
intensive industries covered by the scheme — mainly power generators, steel companies, cement companies, and oil refiners — to emit one tonne of CO2.