Tuesday, September 17, 2019
The UK government is consulting, along with the devolved administrations, on a new UK carbon pricing scheme that would be employed in the event the UK could not take part in the EU’s Emissions Trading Scheme (EU ETS) after Brexit.
The consultation reiterates that a linked UK ETS is the preferred carbon pricing option, because it allows:
access to a larger market
increased abatement opportunities
more cost-effective emissions reductions for UK businesses
To continue reading this article please login if you already have an account or subscribe.