EU scheme for greenhouse gas emission allowance trading.
FDFA, List of [Abbreviations](https://www.eda.admin.ch/content/dam/dea/en/documents/publikationen_dea/Abkuerzungsverzeichnis-Europapolitik_en.pdf) of European policy, 10.2015.
The first - and still by far the biggest - international system for trading greenhouse gas emission allowances, the EU ETS covers more than 11,000 power stations and industrial plants in 31 countries, as well as airlines.
([Regulation, 421/2014 of the european Parliament and of the Council of 16 April 2014 10.11.2015.](http://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32014R0421))