UK plans for 2023 tightening of its new carbon market

Published 22:08 on March 17, 2021  /  Last updated at 23:26 on March 17, 2021  /  CBAM, EMEA, EU ETS, UK ETS  /  No Comments

The UK expects to tighten its cap-and-trade programme in 2023 to align with its mid-century net zero emissions target, the government said in a strategy document published Wednesday that could see British emitters face higher carbon costs up to three years earlier than their European rivals.

The UK expects to tighten its cap-and-trade programme in 2023 to align with its mid-century net zero emissions target, the government said in a strategy document published Wednesday that could see British emitters face higher carbon costs up to three years earlier than their European rivals.

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