Big greenhouse gas emitters are surrendering record levels of international offset credits to cover their emissions under the EU emissions trading scheme (EU ETS), according to the compliance data for 2010 released by the European Commission in May.1
The data reveal that use of international offsets recognised under the Kyoto Protocol rose by 67% compared to 2009.
But in the UK, analysis by ENDS found use of CDM credits for compliance bucked the overall EU trend of a 50% rise since 2009. It fell from 4.1% of total UK emissions in 2009 to 2.1% in 2010. UK use was 5.6% of the EU total, down from 2009.