Absence of EU carbon market link “biggest risk” facing UK energy sector

Published 23:33 on February 4, 2021  /  Last updated at 02:03 on February 5, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS, UK ETS  /  No Comments

Linking the UK’s new emissions trading scheme to the EU carbon market is the single most important issue facing Britain’s energy industry, sector representatives told lawmakers, warning that it presents the largest threat in terms of raising costs for consumers and preventing utilities from managing risk.

Linking the UK’s new emissions trading scheme to the EU carbon market is the single most important issue facing Britain’s energy industry, sector representatives told lawmakers, warning that it presents the largest threat in terms of raising costs for consumers and preventing utilities from managing risk.

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