UK emitters to receive 10-month carbon price ‘holiday’ upon no-deal Brexit

Published 23:04 on September 3, 2019  /  Last updated at 22:41 on September 15, 2020  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

UK emitters will only be subject to a £16/tonne (€17.62) carbon tax from Nov. 4 if Britain leaves the EU without a deal at the end of October, the government said on Tuesday, countering expectations that the levy would be applied retrospectively for the whole of 2019.

UK emitters will only be subject to a £16/tonne (€17.62) carbon tax from Nov. 4 if Britain leaves the EU without a deal at the end of October, the government said on Tuesday, countering expectations that the levy would be applied retrospectively for the whole of 2019.

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