Executive Summary
Energy UK welcomes the opportunity to engage with the UK ETS Authority on the long-term future of the UK’s Emissions Trading Scheme (ETS). Our members believe that a robust UK carbon price will play a key role in delivering the country’s net zero ambitions. We also strongly support linking the UK and EU carbon markets to promote liquidity for market participants and avoid any negative impacts from the EU Carbon Border Adjustment Mechanism (CBAM) for UK businesses.
Energy UK supports the proposed extension of the UK ETS to 2050 and would prefer this to be done in 10-year phases with the ability to review the allowance trajectory within phases. Members also support the banking of allowances between phases.
Downloads
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Energy UK response UK ETS Authority consultation on Extending the UK Emissions Trading Scheme cap beyond 2030 – 9 April 2025
Type: PDF (110 KB)