• [Web Feed] A question on the ETS (EU cap and trade)

    From Feed Supplier@21:1/5 to All on Thu May 6 14:32:00 2021
    I’ve been reading into the ETS (European Union Cap and Trade System) and I wanted to ask a few questions to further my understanding.

    So I know that the ETS determines a set cap on emissions allocated in carbon tonnes which can be substituted to the equivalent in other green house gases.

    Countries in the EU put forward a case for some free permits. However how are the auctioned permits allocated?

    I’ve read on the EU respective website that countries receive revenue from the auction of these permits so does the EU give each member state an amount to auction off? Or is it instead that they are auctioned off centrally? Is so how do the member
    countries get the revenue?

    Hope that all makes sense.

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