Almost 85 percent of respondents to a market sentiment survey believed that the EU Emissions Trading System (EU ETS) provided signals for decarbonization. The share of respondents who disagreed with this statement has fallen substantially since 2022, when more than 50 percent of stakeholders felt the EU's carbon market could not drive decarbonization. The EU Emissions Trading System is a carbon credit market used to mitigate climate change, and one of the EU's key tools to reduce greenhouse gas emissions.
Market sentiment toward the European Union Emissions Trading System's (EU ETS) capacity to drive decarbonization from 2022 to 2024
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The original statement provided by the source is: “The EU ETS in its current form is providing signals for decarbonization”.
The source states that it carries out its Market Sentiment Survey among EU ETS stakeholders, including experts in carbon pricing, policymakers, industrial and utility operators, traders, and civil society. The source also adds that the sample is not intended to be statistically representative.
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BloombergNEF, & European Roundtable on Climate Change and Sustainable Transition, & Various sources (The Wegener Center for Climate and Global Change, Compass Lexecon). (May 15, 2024). Market sentiment toward the European Union Emissions Trading System's (EU ETS) capacity to drive decarbonization from 2022 to 2024 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1315828/perceptions-on-the-capacity-of-eu-ets-to-drive-decarbonization-2022/
BloombergNEF, und European Roundtable on Climate Change and Sustainable Transition, und Various sources (The Wegener Center for Climate and Global Change, Compass Lexecon). "Market sentiment toward the European Union Emissions Trading System's (EU ETS) capacity to drive decarbonization from 2022 to 2024." Chart. May 15, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1315828/perceptions-on-the-capacity-of-eu-ets-to-drive-decarbonization-2022/
BloombergNEF, European Roundtable on Climate Change and Sustainable Transition, Various sources (The Wegener Center for Climate and Global Change, Compass Lexecon). (2024). Market sentiment toward the European Union Emissions Trading System's (EU ETS) capacity to drive decarbonization from 2022 to 2024. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1315828/perceptions-on-the-capacity-of-eu-ets-to-drive-decarbonization-2022/
BloombergNEF, and European Roundtable on Climate Change and Sustainable Transition, and Various sources (The Wegener Center for Climate and Global Change, Compass Lexecon). "Market Sentiment toward The European Union Emissions Trading System's (Eu Ets) Capacity to Drive Decarbonization from 2022 to 2024." Statista, Statista Inc., 15 May 2024, https://www.statista.com/statistics/1315828/perceptions-on-the-capacity-of-eu-ets-to-drive-decarbonization-2022/
BloombergNEF & European Roundtable on Climate Change and Sustainable Transition & Various sources (The Wegener Center for Climate and Global Change, Compass Lexecon), Market sentiment toward the European Union Emissions Trading System's (EU ETS) capacity to drive decarbonization from 2022 to 2024 Statista, https://www.statista.com/statistics/1315828/perceptions-on-the-capacity-of-eu-ets-to-drive-decarbonization-2022/ (last visited September 01, 2024)
Market sentiment toward the European Union Emissions Trading System's (EU ETS) capacity to drive decarbonization from 2022 to 2024 [Graph], BloombergNEF, & European Roundtable on Climate Change and Sustainable Transition, & Various sources (The Wegener Center for Climate and Global Change, Compass Lexecon), May 15, 2024. [Online]. Available: https://www.statista.com/statistics/1315828/perceptions-on-the-capacity-of-eu-ets-to-drive-decarbonization-2022/