Just released EU data shows that CO2 emissions from gas power plants overtook those from lignite power plants for the first time.
The UK government can offer businesses more certainty by increasing the UK ETS carbon price floor – ahead of alignment with net zero.
With one month until Brexit, a linked UK- EU carbon market is now impossible. The government should commit to a carbon tax.
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
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
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