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Energy UK comments on the launch of UK ETS

Commenting on the launch of the UK ETS today, Emma Pinchbeck, Energy UK’s chief executive said:

“The first auction of the UK Emissions Trading System (UK ETS) today and the return of a carbon price signal in the UK is welcome news. It may be some time before this new system finds its feet but the launch of the UK carbon market brings us closer to the next logical step of exploring future, possible linkage with the EU ETS. A larger and integrated carbon market will benefit both the participants and the wider decarbonisation agenda ahead of COP26.”