EMEA > UK authority thinks cap on emissions allowances will have to fall as removals are integrated

UK authority thinks cap on emissions allowances will have to fall as removals are integrated

Published 16:26 on August 9, 2024  /  Last updated at 16:26 on August 9, 2024  / /  EMEA, UK ETS

The UK's cap on emissions allowances in the market will need to decline over the longer term to make room for new greenhouse gas removals while keeping the country on track for net zero by 2050, according to the ETS Authority.
The UK's cap on emissions allowances in the market will need to decline over the longer term to make room for new greenhouse gas removals while keeping the country on track for net zero by 2050, according to the ETS Authority.


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.