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Awards 2022

UK government urged to clarify CO2 pricing plans

The UK parliament's Business Energy and Industrial Strategy (BEIS) select committee has asked the government to clarify its plans for carbon pricing post-Brexit, as uncertainty persists over the replacement for participation in the EU emissions trading system (ETS).

The UK leaves the EU ETS on 31 December at the end of the Brexit transition period. London has previously indicated that its preference is to replace participation in the scheme with a UK ETS, which could either link back to the EU system or function as a standalone mechanism, with a carbon tax presented as a back-up option.

Read full Argus Media article here