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EU carbon market drives sharp fall in power-sector emissions, report says

( December 3, 2025, 15:39 GMT | Official Statement) -- MLex Summary: The EU’s carbon-trading program is cutting power-sector pollution, with 2024 emissions down nearly 11 percent compared to 2023, the European Commission’s 2025 Carbon Market Report shows. Industry emissions dipped slightly, while aviation pollution rose. Shipping was added to the system for the first time, with companies surrendering more than 99 percent of required allowances. Governments raised €38.8 billion from allowance sales in 2024 to fund the clean transition, the report says.Press release follows. Report attached. ...

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