Extending the UK Emissions Trading Scheme cap beyond 2030

Closed 9 Apr 2025

Opened 12 Feb 2025

Contact

emissions.trading@energysecurity.gov.uk

Overview

The UK Emissions Trading Scheme (ETS) Authority is seeking input on proposals for extending the UK ETS beyond the end of Phase I at midnight on 31 December 2030. This fulfils the commitment made in December 2023 within the UK Emissions Trading Scheme long-term pathway to consult on the extension of the Scheme. This consultation proposes options and seeks views on: 

  • Extending the UK ETS into a second phase from 1 January 2031 onward.
  • The length of a post-2030 Phase II. 
  • Whether to allow banking of emissions allowances (UKAs) between Phase I and a post-2030 Phase II of the Scheme. 

The consultation is aimed at interested stakeholders including ETS participants, wider industry, academia and NGOs.

Read the consultation document on GOV.UK.

Audiences

  • Charities and Third Sector organisations
  • Civil Society Organisations
  • Coal
  • Construction
  • Freelance researchers
  • General public
  • Innovation community
  • Large businesses (over 250 staff)
  • Learned Societies
  • Low carbon technologies
  • Medium business (50 to 250 staff)
  • Non-Government Organisations
  • Oil and Gas
  • Researchers
  • Science Policy organisations and thinktanks
  • SMEs (small and medium businesses)
  • Thinktanks
  • Trade bodies
  • Universities

Interests

  • Business investment
  • Carbon budgets
  • Carbon capture and storage
  • Carbon markets
  • Carbon neutrality
  • Carbon offsetting
  • Climate change
  • Coal
  • Economic growth
  • Emissions
  • Energy and climate change
  • Industrial strategy
  • Innovation
  • Investment
  • Oil and Gas
  • Regulation
  • Security and resilience