Emissions trading: Nearly $80 billion in global revenue

Globally, emissions trading systems (ETS) cover 26% of CO₂ emissions. Sixteen governments are developing or considering the introduction of an ETS. However, many of these systems still do not rely on a fixed CO₂ cap.

16. April 2026
March 29, 2023, Belchatow, Poland: A view of PGE Power Station in Belchatow. Belchatow Power Station is the largest coal power plant in Poland. It is a lignite coal power station and it is joined to an open pit lignite coal mine. As energy prices rise due to global developments such as Russia s war on Ukraine and Coronavirus, coal-powered stations become more strategic despite their CO2 impact. Belchatow Poland - ZUMAs197 20230329_zaa_s197_457 Copyright: xDominikaxZarzyckax
Many emissions trading schemes initially cover the energy sector and are expanded over time. Coal-fired power plant in Bełchatów, Poland (Dominika Zarzycka)

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Last updated: 16. April 2026