UK authority thinks cap on emissions allowances will have to fall as removals are integrated

Published 16:26 on August 9, 2024  /  Last updated at 16:26 on August 9, 2024  / Sara Stefanini /  EMEA, UK ETS

The UK's cap on emissions allowances in the market will need to decline over the longer term to make room for new greenhouse gas removals while keeping the country on track for net zero by 2050, according to the ETS Authority.
The UK's cap on emissions allowances in the market will need to decline over the longer term to make room for new greenhouse gas removals while keeping the country on track for net zero by 2050, according to the ETS Authority.


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