The UK wants a net zero ETS – but plans don’t yet add up
The UK government’s post-Brexit ambition for a net zero carbon market could be world-leading – but current plans repeat many of the mistakes of the EUETS
Carbon Limbo
Brexit has frozen UK participation in the ETS – we estimate that the UK government will forgo at least €1.3 billion in auction revenue this year
ETS & Brexit: The Budget answers some questions but poses others
There are many questions to be answered to pass the ‘Bridge of Death’ and avoid the ‘Gorge of Eternal Climate Peril’ in the event of a no-deal Brexit
Keeping Coal Down
A coalition of environment groups wrote to the Chancellor calling for a strong carbon price to keep coal emissions low.
New Wind & Solar now competes even with existing Coal & Gas
Today, the European carbon price hit 20 Euros. Our analysis shows rising carbon, coal and gas prices mean that for the first time new onshore wind and solar can compete with the short-term costs of generating electricity from existing coal and gas plants.
Maintaining the UK lead in the coal phase-out
The UK is already leading the world in phasing out coal, but National Grid’s Future Energy Scenarios show we can phase-out coal even earlier, by 2022