Emissions trading

Trading with CO₂ emissions rights, known as certificates, is intended to reduce emissions of the environmentally harmful gas CO₂ cost-effectively. Because all of our plants covered by emissions trading are state-of-the-art and compete at the international level, we expect to receive enough certificates from free allocation to cover the expected CO₂ emissions by the end of the third trading period in 2030. At present, however, we cannot precisely estimate the effects of changes to the EU emissions trading system planned under the Green Deal.