UK confirms delay in exempting ETS-covered industries from green power costs

Published 19:10 on July 21, 2017  /  Last updated at 19:12 on July 21, 2017  /  EMEA, EU ETS  /  No Comments

The UK government has delayed by a year a plan to exempt EU ETS-regulated manufacturers from contributing to higher power costs caused by renewables targets, saying the move would provide industry more certainty while saving it £132.5 million over 10 years from 2018.

The UK government has delayed by a year a plan to exempt EU ETS-regulated manufacturers from contributing to higher power costs caused by renewables targets, saying the move would provide industry more certainty while saving it £132.5 million over 10 years from 2018.

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