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News UK ETS in the offing

UK ETS in the offing

Written by Global Cement staff 13 March 2020
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UK: Parliament has voted to grant Her Majesty's Treasury powers to implement a UK emissions trading scheme (ETS) in line with the Climate Change Act (2008). Accountancy Daily News has reported that the ETS will be linked to the EU ETS ‘if such is suited to both sides’ interests,’ but, if not, will be subject to an alternative pricing mechanism. The Treasury said that “in a standalone UK ETS, additional market stability mechanisms can be implemented.”

Last modified on 18 March 2020
Published in Global Cement News
Tagged under
  • UK
  • parliament
  • Government
  • Emissions Trading Scheme
  • Price
  • GCW447

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