Carbon Taxes > UK government set to consult on supply mechanism, unconcerned about low carbon price –source

UK government set to consult on supply mechanism, unconcerned about low carbon price –source

Published 10:31 on October 10, 2023  /  Last updated at 10:31 on October 10, 2023  / /  Carbon Taxes, CBAM, EMEA, EU ETS, International, UK ETS

The UK government is preparing to consult with stakeholders in the coming months on introducing a supply control mechanism to the UK ETS, but has not proposed any short-term measures to prop up the price of UK Allowances after their 50% drop this year, a government minister reportedly said last week.
The UK government is preparing to consult with stakeholders in the coming months on introducing a supply control mechanism to the UK ETS, but has not proposed any short-term measures to prop up the price of UK Allowances after their 50% drop this year, a government minister reportedly said last week.


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