British government declines to intervene in carbon market after cost containment triggered

Published 17:24 on December 14, 2021  /  Last updated at 00:19 on December 15, 2021  /  EMEA, EU ETS, UK ETS

The UK will not introduce additional supply to calm allowance prices in the country's carbon market after the scheme's Cost Containment Mechanism (CCM) was triggered last month, the government said late Tuesday.
The UK will not introduce additional supply to calm allowance prices in the country's carbon market after the scheme's Cost Containment Mechanism (CCM) was triggered last month, the government said late Tuesday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.