UK says struggling to meet post-2020 emission goals, may need offsets

Published 10:19 on October 12, 2017  /  Last updated at 21:35 on October 12, 2017  /  EMEA, EU ETS  /  No Comments

The UK may need to exploit loopholes including buying foreign carbon credits as it faces costly binding emission targets next decade, the government said Thursday in its long-awaited Clean Growth Strategy, which reaffirmed a commitment to carbon pricing but didn’t say whether it will push to remain in the EU ETS.

The UK may need to exploit loopholes including buying foreign carbon credits as it faces costly binding emission targets next decade, the government said Thursday in its long-awaited Clean Growth Strategy, which reaffirmed a commitment to carbon pricing but didn’t say whether it will push to remain in the EU ETS.

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