The government has announced it is no longer auctioning or issuing any new EU Emissions Trading System (ETS) allowances until further notice.
News
carbon tax
Latest in carbon tax
Heavily emitting factories and power plants will have to pay £16 for each tonne of carbon dioxide pumped out above their existing allowances if the UK cannot agree a Brexit deal.
News
Moves due to be outlined later today (29 October) to replace the EU emissions trading system (EU ETS) with a carbon tax would be "devastating" for energy-intensive industries across the UK, a ministers have been warned.
News
The government has promised to provide more details of how a carbon price will be applied in the Budget, which will be announced on 29 October.
News
The Treasury backs the UK remaining closely locked into the EU’s emission trading system (ETS) following Brexit, a minister has revealed.
News
