The Carbon Market came with the signing of the Kyoto Protocol and aims to facilitate obtaining financing to purchase the necessary technology to reduce emissions of greenhouse gases, but not only that. The “goods” which are the object of trading on this market are the tons of carbon dioxide which are not emitted into the atmosphere. For trading these goods the EU-ETS system was created. This paper aims to analyze the implications of this new market and all the transactions it will generate in this New Europe.