UK’s ‘no deal’ carbon tax unrelated to EU ETS, though sector coverage unclear

Published 19:13 on October 16, 2018  /  Last updated at 09:49 on December 14, 2020  /  Carbon Taxes, EMEA, EU ETS, UK ETS  /  No Comments

The UK's carbon tax under a 'no deal' Brexit will not be related to the current EU ETS design, the government said Tuesday, confirming that while the levy's sectoral coverage remains unclear, UK emitters would be unable to use surplus EUAs to comply with it.

The UK’s carbon tax under a ‘no deal’ Brexit will not be related to the current EU ETS design, the government said Tuesday, confirming that while the levy’s sectoral coverage remains unclear, UK emitters would be unable to use surplus EUAs to comply with it.

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