International > CBAM & Tariffs > EU, UK strike initial agreement in ETS linking talks

EU, UK strike initial agreement in ETS linking talks

Published 10:10 on May 19, 2025 / Last updated at 17:31 on May 19, 2025 / , and / EMEA (Compliance Markets & Taxes, Europe), CBAM & Tariffs

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UK carbon permit prices jumped an initial 6% on Monday following early news that the EU and UK had struck a broad deal to reset their relations after Brexit, including an early-stage agreement to link their emissions trading systems (ETSs) and exempt each other from upcoming carbon border fees — although few details were provided on the timeline for implementing a market link-up.
UK carbon permit prices jumped an initial 6% on Monday following early news that the EU and UK had struck a broad deal to reset their relations after Brexit, including an early-stage agreement to link their emissions trading systems (ETSs) and exempt each other from upcoming carbon border fees — although few details were provided on the timeline for implementing a market link-up.


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