Global Trade Alert
Global Trade Alert

United Kingdom: UK ETS Authority releases an additional allowance for emitter sectors for a smooth transition to net zero

Announcement

03 Jul 2023

In July 2023, UK ETS Authority announced its decision to release additional allowance for emitter sectors for a smooth transition to net zero.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2024

Revocation date:

31 Dec 2027

Updated: 03 Jul 2023
Tax or social insurance relief In force

On 3 July 2023, the UK Emissions Trading Scheme Authority (UK ETS Authority) announced a package of reforms setting new limits on emissions in energy-intensive industries, and power and aviation se...

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