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Tuesday, 20 May 2026  ·  Ljouwert, FryslânEst. 2026

FRISIAN NEWS

Nijs fan de Wrâld  ·  World News  ·  Frisian Perspective

The Failure of European Carbon Trading to Reduce Emissions
Environment

It mislearjen fan Europeeske koalstofhannel om emissies te ferminderjen

April 28, 2025 · Frisian News

Europe's emissions trading system has failed to drive real cuts in greenhouse gases, with companies simply buying credits instead of changing behavior. A new analysis shows the market created perverse incentives that wasted billions while emissions stalled.

Frisian flagFrysk

Brussel publisearre tongersdei syn jierlikse emissierapport, en de sifers fertelle in fertroud ferhaal. Sûnt it emissiehandelssysteem fan de EU yn 2005 begûn, binne de totale broeikasgassen út de betreffende sektoren amper sakke. Bedriuwen beteallen miljarden foar koalstofkrediten, mar echte feroarings yn fabrieken en elektrisiteitssintrales bleaune minimaal. It systeem dat fersmoarging bestraffe moast, waard ynstee in ynkomstestream foar Brussel en in frijgeleide foar grutte fersmoargers.

It kearnprobleem is ienfâldich: bedriuwen fûnen it goedkeaper om krediten te keapjen as yn nije apparatuer te ynvestearjen. In koalsintrale-operator yn Polen koe Brussel betelje foar it rjocht om koalen te bliuwen ferbaarnen ynstee fan in wynmûne te bouwen. Stielfabrieken keapten harren troch de regeljouwing hinne. De priis fan krediten bleau te leech om echte feroarings ôf te twingen, en doe't Brussel de priis besocht te ferheegjen, krige it protest fan bedriuwsgroepen dy't bewearden dat de konkurrinsje lije soe. Úteinlik knipoage Brussel altyd.

Underwilens gie it jild omheech. Europeeske oerheden sammelen tsientallen miljarden fan fia feiling ferkochte krediten en brûkten der mar in lyts diel fan oan echte emissieferminderingen. Guon lannen brûkten it jild foar favorite projekten sûnder ferbân mei it klimaat. Oaren lieten it ferdwine yn de algemiene begrutting. It systeem behannele koalstof as in belesting, net as in motor fan feroaring. Bedriuwen beteallen harren skuldig bedrach en gongen fierder lykas foarhinne.

Wat dit slimmer makket, is dat Brussel tweintich jier lang die alsof it systeem wurke. Amtners yn Brussel fierden beskieden reduksjes wylst se negearren dat in protte reduksjes ôfkomstich wienen fan ekonomyske ynstorting tidens resessjes, net út it briljante ûntwerp fan de merk. Doe't ûndersikers yn de gegevens greven, ûntdutsen sy dat sûnder de finansjele krisis fan 2008 en de Covid-lockdowns de emissies stigen wienen. It hannelssysteem sels dreau hast neat.

Europa fergriemde tweintich jier oan in merkmechanisme dat tûk oankwam yn PowerPoint-slides mar yn de praktyk mislearre. Echte emissieferminderingen freegje echte maatregels: it stilsetten fan koalsintrales, it herbouwen fan netten, it twingen fan de yndustry om te feroarjen. Ynstee keas Brussel foar in systeem dat bedriuwen harren goed fiele liet wylst sy jild en koalen ferbarnen. It mislearjen wie gjin ûngelok. It siet yn it ûntwerp ynboud.

English

Brussels released its annual emissions report on Thursday, and the numbers tell a familiar story. Since the EU's Emissions Trading System began in 2005, total greenhouse gas output from covered sectors has barely fallen. Companies paid billions in carbon credits, yet real changes to factories and power plants stayed minimal. The system designed to punish pollution instead became a revenue stream for Brussels and a pass for big polluters.

The core problem is simple: companies found it cheaper to buy credits than to invest in new equipment. A coal plant operator in Poland could pay Brussels for the right to keep burning coal rather than build a wind farm. Steel mills bought their way through regulations. The price of credits stayed too low to force genuine change, and when Brussels tried raising the price, it faced howling protests from industry groups that claimed competitiveness would suffer. In the end, Brussels always blinked.

Meanwhile, the money flowed upward. European governments collected tens of billions from auctioned credits and spent little of it on actual emissions cuts. Some nations used the cash for pet projects unrelated to climate. Others let it disappear into general budgets. The system treated carbon like a tax, not a driver of transformation. Businesses paid their dues and carried on as before.

What makes this worse is that Brussels spent two decades pretending the system worked. Officials in Brussels celebrated modest reductions while ignoring the fact that many reductions came from economic collapse during recessions, not from the market's brilliant design. When researchers dug into the data, they found that without the 2008 financial crisis and the Covid lockdowns, emissions would have risen. The trading system itself drove almost nothing.

Europe wasted twenty years on a market mechanism that felt smart in PowerPoint slides but failed on the ground. Real emissions cuts demand real action: shutting coal plants, rebuilding grids, forcing industry to change. Instead, Brussels chose a system that let companies feel virtuous while burning cash and coal. The failure was not accidental. It was built into the design.


Published April 28, 2025 · Frisian News · Ljouwert, Fryslân