UK unveils first CCS, hydrogen support and consults on carbon leakage

Published 00:01 on March 30, 2023  /  Last updated at 04:49 on March 31, 2023  / Ben Garside /  Carbon Taxes, CBAM, EMEA, UK ETS  /  No Comments

The UK unveiled plans for major support to front-running CCUS and green hydrogen projects on Thursday, and announced that it will launch a consultation on how ETS-covered companies can be better protected against carbon leakage.

(Updates confirming the CCS and green hydrogen projects named by the government, adds details on green finance strategy, nature, and voluntary carbon markets)

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