The UK plans to replace its participation in the EU ETS with a £16/tonne (€18, $20.50) domestic carbon tax under a ‘no deal’ Brexit scenario, charging it on top of its existing Carbon Price Support emissions levy, the government announced during its autumn budget on Monday.
UK outlines carbon tax replacement for EU ETS under ‘no deal’ Brexit
The UK plans to replace its participation in the EU ETS with a £16/tonne (€18, $20.50) domestic carbon tax under a ‘no deal’ Brexit scenario, charging it on top of its existing Carbon Price Support emissions levy, the government announced during its autumn budget on Monday.
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