EMEA > UK raises ETS auction floor by 50%, updates price cap rules

UK raises ETS auction floor by 50%, updates price cap rules

Published 18:13 on February 11, 2021  /  Last updated at 23:15 on February 11, 2021  /  EMEA, EU ETS, UK ETS

The UK government has increased the reserve price in its upcoming carbon allowance auctions by almost 50%, and has updated the rules governing the market's cost containment mechanism, it announced late Thursday.
The UK government has increased the reserve price in its upcoming carbon allowance auctions by almost 50%, and has updated the rules governing the market's cost containment mechanism, it announced late Thursday.


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