The european CO2 emission trading scheme in Denmark
The EU member countries have devised a scheme for greenhouse gas
emission allowance trading, effective from the start of 2005.
The emission trading scheme is one of the main means of fulfilling
the international climate commitment set in the Kyoto Protocol and
Denmark has pledged to reduce its total CO2 emissions by 21%
compared to the 1990 level.
Denmark has ratified the EU directive on greenhouse gas emission
allowance trading and made it law. The government regards the
emission allowance trading scheme as a vital element in the Danish
climatic strategy from February 2003.
Roughly 380 Danish production units are covered by the CO2
allowance trading scheme. Most of these are generators of power and
heat, the rest are industrial enterprises plus a few production
units within the offshore sector. Over 10,000 production units are
affected by the scheme throughout the EU.