With all the free allowances the European Union’s chemical sector receives under the EU’s Emissions Trading System, it effectively pays no carbon price for its pollution, which is grossly unfair and counterproductive.

The EU Emissions Trading System (EU ETS) has helped successfully reduce greenhouse gas (GHG) emissions from covered sectors by half since 2005. This aggregate figure hides huge variations: in stark contrast to the power sector, emissions from industrial sources have only decreased by about 36%.

Our analysis of ETS emissions and allowances received by the European chemical sector tells a demoralising story of what happens when an industry is allowed to pollute with impunity at no cost.

Discover the full report below and explore the interactive publication here.