UK to hand out 39.1 mln free carbon permits to industry during first year of ETS

Published 12:51 on May 11, 2021  /  Last updated at 00:39 on May 12, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

The UK will hand out 39.1 mln free carbon allowances in 2021 - the first year of the country's new emissions trading scheme - the government announced Tuesday, confirming that it was slashing the allocations by a third versus what it has originally earmarked.

The UK will hand out 39.1 mln free carbon allowances in 2021 – the first year of the country’s new emissions trading scheme – the government announced Tuesday, confirming that it was slashing the allocations by a third versus what it has originally earmarked.

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