May 18, 2018 / 10:48 AM / 2 months ago

EU carbon market emissions rose by 0.3 pct in 2017

LONDON, May 18 (Reuters) -

* Carbon dioxide emissions from all operators covered by Europe’s Emission Trading System (ETS) rose by around 0.3 percent in 2017, compared with the previous year, final data from the European Commission shows

* This was the first rise in emissions regulated under Europe’s carbon market in seven years

* Preliminary data was released in April

* Verified emissions from stationary installations amounted to 1.753 billion tonnes of CO2-equivalent in 2017, the Commission said, 0.25 percent higher than in 2016

* Verified emissions from aircraft operators amounted to 64.2 million tonnes of CO2-equivalent last year, nearly 5 percent higher than in 2016

* The cap-and-trade system is the EU’s flagship tool for reducing greenhouse gases and meeting its climate goals by regulating emissions at some 12,000 airlines, industrial and power installations. (Reporting by Nina Chestney; Editing by Mark Potter)

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