Commenting on the introduction of a UK Emissions Trading Scheme (ETS), as featured in today’s Energy White Paper, an Energy UK spokesperson said:
“We welcome today’s clarity from the Government on the carbon pricing mechanism that will be in place from the start of the new year. Effective carbon pricing is essential to our continuing decarbonisation efforts and emissions trading is a proven way of achieving that. However the smaller scale of a UK Emissions Trading Scheme brings challenges – so we continue to believe it should establish a link with the EU ETS as soon as possible.”