UK’s Cost Containment Mechanism triggered for second month after December no-show

Published 15:45 on January 4, 2022  /  Last updated at 16:58 on January 4, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

The UK ETS Authority will meet again this month to consider whether to add more UK Allowances to the market after prices exceeded the threshold for intervention for a second month in December, though the scheme's Cost Containment Mechanism (CCM) will not be triggered in either February or March after last month's average price fell below required levels.

The UK ETS Authority will meet again this month to consider whether to add more UK Allowances to the market after prices exceeded the threshold for intervention for a second month in December, though the scheme’s Cost Containment Mechanism (CCM) will not be triggered in either February or March after last month’s average price fell below required levels.

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.