UK relieves industrials of a further 1.7 mln free ETS allowances

Published 21:48 on January 18, 2023  /  Last updated at 21:48 on January 18, 2023  /  EMEA, UK ETS  /  No Comments

The UK government has slashed another 1.7 million tonnes from industrial emitters' free carbon allowance allocations under the country's ETS, removing subsidies worth an estimated £112 mln at current prices.

The UK government has slashed another 1.7 million tonnes from industrial emitters’ free carbon allowance allocations under the country’s ETS, removing subsidies worth an estimated £112 mln at current prices.

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