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Infographic: EU ETS and EU ETS 2 timelines post-Fit for 55

27 July 2021 Cristina Brooks

The revision of the EU ETS, as recently proposed by the European Commission, forsees the gradual phaseout of free allocations, with a broad range of impacts for industry, including greater pressure to decarbonize for numerous sectors, such as power generation, chemicals, refineries, cement, clinker, and lime.

A new sector, shipping, will be included in the EU ETS in 2026, facing steeper requirements than ever to cut emissions.

Also in 2026, the EU ETS#2 (as it is now informally known) will come into play for the road transport and heating sectors, as the EU looks to nearly halve emissions from these sectors in the following four years. A timeline of these critical developments is provided below.

Get in touch with IHS Markit experts Coralie Laurencin and Ronan Bernard for futher consultation and advice.

Posted 27 July 2021 by Cristina Brooks, Senior Journalist, Climate & Sustainability, IHS Markit

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