International > CBAM & Tariffs > UK plans to reduce industrial power prices through higher carbon pricing, ETS linkage

UK plans to reduce industrial power prices through higher carbon pricing, ETS linkage

Published 13:36 on June 23, 2025 / Last updated at 13:58 on June 23, 2025 / / CO2 Management (CCUS), EMEA (Compliance Markets & Taxes, Europe), CBAM & Tariffs

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The UK government announced plans in its Industrial Strategy on Monday to significantly curb electricity prices for key sectors, paying for it in part by strengthening UK carbon pricing, including by a possible link-up between its domestic market and the EU's emissions trading system.
The UK government announced plans in its Industrial Strategy on Monday to significantly curb electricity prices for key sectors, paying for it in part by strengthening UK carbon pricing, including by a possible link-up between its domestic market and the EU's emissions trading system.


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