EMEA > UK to explore carbon market supply balancing mechanism, permit prices surge

UK to explore carbon market supply balancing mechanism, permit prices surge

Published 12:48 on December 18, 2023  /  Last updated at 16:14 on December 18, 2023  / /  EMEA, EU ETS, UK ETS

Britain will formally consider introducing a supply adjustment mechanism to its carbon market to help balance future shifts in demand and mitigate the risk of sustained low prices, it announced on Monday, as prices rallied following the announcement of a consultation on the measure and the publication of associated documents.
Britain will formally consider introducing a supply adjustment mechanism to its carbon market to help balance future shifts in demand and mitigate the risk of sustained low prices, it announced on Monday, as prices rallied following the announcement of a consultation on the measure and the publication of associated documents.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.