UK energy strategy confirms extension of industry’s carbon compensation

Published 17:59 on April 7, 2022  /  Last updated at 17:59 on April 7, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

The UK has extended its carbon compensation package for heavy industry for another three years, it outlined in an energy strategy released on Thursday, seeking to protect carbon leakage-exposed firms from indirect costs arising from the country's carbon pricing policies.

The UK has extended its carbon compensation package for heavy industry for another three years, it outlined in an energy strategy released on Thursday, seeking to protect carbon leakage-exposed firms from indirect costs arising from the country’s carbon pricing policies.

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