EMEA > Compliance Markets & Taxes > UK energy industry warns of big, costly risks if carbon price is scrapped

UK energy industry warns of big, costly risks if carbon price is scrapped

Published 00:01 on May 7, 2026 / Last updated at 22:04 on May 6, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Power/Electrification)

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Scrapping the UK's carbon pricing would lead to higher household energy prices and expose British companies to extra EU taxes under the bloc's border carbon fee, according to the country's energy industry group.
Scrapping the UK's carbon pricing would lead to higher household energy prices and expose British companies to extra EU taxes under the bloc's border carbon fee, according to the country's energy industry group.


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